we moved in together when I bought it and lived in it for 4 years but the ownership was 100% mine. We were not married.
then 18 months ago we bought another home in joint names, moved in, got married and I started letting the first one.
I thought I posted follow up question but maybe I forgot to hit send. My question is.....
Is there a way my wife and I can share ownership me:her 99:1 without her going on the mortgage at 50% and attracting that awful SDLT and compromising the main residence relief which I expect 4 year's worth. Perhaps I am asking for the best of three worlds
1) I want wife to have 50% of rental income and associated income tax
2) I want to transfer to my wife only 1% and this pay SDLT on 1%
3) I want her 1% ownership documented for capital gains tax and thus I will still get 99% of main residence relief.