I would be very grateful for any advice on my situation, as the SDLT guidelines seem contradictory.
I have been cohabiting (ie not in a marriage or civil partnership) with my partner for 14 years in a house where we brought up our three children. They went to the local schools, I’m registered to vote here, use the local doctor, dentist, car is registered here, etc.
Three years ago I bought a buy-to-let flat (a leasehold, with 119 years left on the lease) which was gutted, and is still uninhabitable and not ready for letting.
This year my partner and I are separating. We intend to sell our main residence from the sale of which we will buy two houses – ie one each (two new main residences in our own individual names) close to each other so that we have mutual access to the children. As our current main residence is solely in my partner’s name, she has offered to give me a share of the value of the house when it sells, with which to buy my new property.
Would I be liable to the higher rate of SDLT on the new property given we are cohabitees and our main residence is solely in my partner’s name? And if so, would arranging to have my name put on the title deeds of our main residence before selling enable me to avoid this?
Thanks.
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