Deed of Transfer/ Gift Tax

[Attribute]

I split with my ex partner a number of years ago and looking to get a deed of transfer to withdraw her name from shared ownership mortgage. Spoke to my solicitor and he believes there may be a gift tax for gaining from her share on top of the usual fees. Doing my figures and it works out between 6-7k. Solicitor asked me to contact an accountant to advise. Has anyone any advice on the matter?

 

[Vanilla]

To get advice you will have to give more information. Value of house, value of mortgage remaining, were you married, has the bank agreed to release her.