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Hi, could you please clarify if you own the "tied house" and a separate bungalow or are you referring to the same property?
Thanks for your reply.
Well, as you will only own 1 property on the day you buy out your ex wife, you are only potentially liable to pay the standard rate of Stamp Duty (SDLT).
However, a transaction is exempt from SDLT when a couple divorce, separate or end their civil partnership, and either they:
Hence, you won't have any SDLT to pay!
I hope this assists and if so, I would be grateful if you could rate my answer in the top right hand corner of your screen.
As the property is being transferred to you in connection with the divorce, you won't have to pay any SDLT.
Hi, if I have assisted, I would be grateful if you could rate my answer. Thanks Al