Landlord77

HI Mark

I am trying to pay my SDLT after the transfer of 50% of my BTL property to my wife (as my solicitor refused to acknowledge the reduced stamp duty %). Does this need to come from me or from my wife who is receiving 50% of the property or does it not matter as we are a married couple.

I don't mind paying a fee for a conveyancer to pay it , is this something that your company does? or can I just ask a conveyancer to complete (my conveyancer will not do it despite me confirming with HMRC that they are wrong)... Read More

Thanks mark. Called HMRC and they confirmed your excellent article.

My solicitor is refusing to budge so I will pay directly and will charge me £90 for them to not to pay Stamp Duty (they call it a stamp duty processing fee. not sure what for and have queried it) Am very annoyed that they nearly cost me alot of money as they didnt keep up to speed with SDLT rules. wonder how many other SDLT miscalculations they make. grrr but thank you again... Read More

Hi Mark

Im currently transferring 50% of my BTL property to my wife (as mentioned by landlord77 above). I told my conveyancer about the new amendment and he (and his colleagues) say that the additional 3% Stamp Duty is still due. I have sent this thread and the HMRC link but is there anything else I should say? My concern is that they inputted my details into the HMRC SDLT calculator and it didnt spit out the figures per the new amendment. I guess i shoulld call HMRC and specifically ask the question as my conveyance has said that I can pay the Stamp duty directly to HMRC rather than through them... Read More

Thanks mark. That is good news. My wife and i also own our residential home (via mortgage) so just wanted to double check if the additonal stamp duty percentages would apply.... Read More

Hi Mark.

When transferring part of the Buy to Let property to my wife (basic tax payer) and where the mortgage consideration transfer is above £125k

(I) does the portion under £125k still incur SDLT at 0%?
(Ii) for the portion above £125k, is the SDLT amount at 3% or 5%. ?... Read More