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Hi Keith, you will be liable for Stamp Duty at the enhanced rate on your new purchase as you both are not selling your current main residence.
If BOTH of you sell your existing properties within 3 years of completing your purchase, you could claim back the enhanced element of the Stamp Duty you will be paying on your purchase. If your partner intends keeping her existing property for more than 3 years, you won't be able to claim this refund.
If so, the only way of you being entitled to claim back the refund would be if you decide to purchase the property in your sole name and once you have sold your existing property, you could make a claim for the refund.
I hope this assists. If so, I would be grateful if you could rate my answer in the top right hand corner of your screen. Kind Regards Al
Hi, will you be having a Mortgage to finance your purchase? Al
Hi Keith, thanks.
To answer your question, if you were had a Mortgage over the property and you transfer half to your partner, she would pay Stamp Duty at the enhanced rate on the sum equating to half the Mortgage amount. This is because for SDLT purposes, your partner would be deemed to be assuming a debt, on which SDLT is payable.
All the best Al