I bought a house with my brother 4 years ago and went 50/50. Circumstances have changed and my brother is now getting married and looks like he and his wife will be living in the house with me. This is uncomfortable and I want to buy my own place.
Can I sell the 50% to his wife before they get married and avoid stamp duty?
Do i have to pay the 200 per annum tax if I buy another property?
Can I sell 25% of the property value to my brother without any stamp duty?
Any advice on this situation?
Can I sell the 50% to his wife before they get married and avoid stamp duty?
Do i have to pay the 200 per annum tax if I buy another property?
Can I sell 25% of the property value to my brother without any stamp duty?
Any advice on this situation?