Thanks for your enquiry.
1. If this property is bought in your name, it will attract the higher rate of Stamp Duty, which has recently been introduced for people buying buy to let/second properties. If you google "Stamp Duty calculator" it will confirm how much Stamp Duty it is, dependent of course on the purchase price. It would also be subject to Capital Gains tax if any profit is made at the time you sell. If you proceed, you would then just have to declare the rent as income by way of an annual tax return.
2. Depending on your age/finances, you should be able to raise a Mortgage (this would have to be applied for in the joint names of yourself and your husband as both of your names are ***** ***** Deeds, however). Again, any rent received by you would need to be declared as income.
I hope this assists and sets out the legal position.
If I have helped, please would you be kind enough to rate my answer.
Please don't forget to rate my answer, if I have helped. Thanks Al
Please would you be kind enough to rate my answer, if I have helped.