house purchase within familly

C

chemking

Guest
Hope you can help..

I am buying a house off my father in law worth 500000 approx, he is buying our house ( in joint names with wife).

Is there a way of gifting etc. that would lessen stamp duty while still being of course 100% legal.

Can anyone recommend a good financial adviser that could help?
 
Hi
If I understand you correctly, you are talking about swopping houses with a cash adjustment ?? If so, I believe that the stamp duty only becomes payable on the cash adjustment figure.
Don't take this as gospel, check it out...
 
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