Hope someone can clarify for us. My partner has been living with me for 13 years but I am the only person on the mortgage/deeds. He owns a property that he rents out to his brother. We are selling my property to buy a house together but our solicitor has just told us that as he isn't selling his property that we will need to pay the additional 3% stamp duty. As he's not on the current deeds it is not classed as his main residence, is this right?
It depends on whether you are married (and assuming this is something else that didn't change in the budget)
If you are married then the 3% is not due.
If you not married then it is - but not if you buy it in your name alone - might not be possible if there's a mortgage involved.
Unfortunately, disposing of his let property after purchase won't get the 3% back either.