I thought this question best asked here.
In 2010 i bought a buy to let property my first ever purchase.
Me and my father have always lived in his house. He owns only 1 property. In 2016 he gifted that to me making us joint owners. The gift was for no money and theres no mortgage.
Now this gift he made to me of our main residence is counted as my 2nd property, because i still own the buy to let. Would i have to pay the additional 3% SDLT charge on the gifted property from my father, because its a 2nd property ? Or is there no sdlt to pay because of the gift for no money?
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