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Hi There... thank you for this information, however my question was actually three fold:
2. Will he (brother) be liable for any stamp duty?3. If either of us were to come off the mortgage/property register say in two years- will either of us have to pay any stamp duty?
Sorry just to Clarify the answer to question 3. So he will be coming off the mortgage & off the property register but will not want me to pay him anything- not in terms of equity or gift- in this situation would there be any consideration?