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You are certainly free to gift the property to your relative without any money changing hands. It would be normal for you to instruct a Conveyancing Solicitor to prepare the Land Registry Transfer document and there is a panel on the document which you tick to say no money is being paid.
As no money will be changing hands, no Stamp Duty will be payable.
I hope this assists and if so, I would be grateful if you could rate my answer with 3-5 stars.
Hi, you have been told wrong. Stamp Duty is only payable if consideration (money) is being given. If it is a gift, no Stamp Duty is payable.
Hi, you can do it yourself and it looks like you know which Forms you need to complete and send. Apart from the fee, there are no other documents you will need to submit apart from those quoted by you.
You need to study the Lease to see if the Council's consent is required but normally it is not, and all your relative needs to do is to serve Notice on the Council to say the property now belongs to her as from xxx date (quote the date of the Transfer).
Hi, thanks for rating my answer. They won't ask why you have gifted the property (it is none of their business!)
All the Best Al
Hi, I'm happy to answer your follow on question free of charge- the applicant is the party who is applying to be the new owner of the property so it is your relative. Kind Regards Al
Hi, you just need to provide your valid passport and nothing else, other than the photos. Al