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No stamp duty is payable under these circumstances.
As there is no change in fundamental ownership it follows that there is no Stamp Duty liability.
Thank you for your excellent support.
If there is no consideration, no.
Consideration is the amount paid for the transaction.
Pleased to have been able to help.
This is slightly worrying when you consider that it is not so long ago since the solicitors' monopoly on conveyancing was based on a requirement to collect Stamp Duty! Sorry, I can not, Just Answr protocol does not permit that.
Please to have been able top help.
In my opinion the original transaction has not taken place and the SDLT should be refunded to the person who paid it.
It is worth a try anyway; nothing venture nothing gained!
Then the vendor would have to pay the tax on the mortgage deed.