I am buying a second property and I am planning to put my sister's name on the title deed and my name only will be on the mortgage.
I did my research and consulted you experts in AAM re SD calculation and my undrestanding that I have to pay SD at the highest rate - which is fine by me .
Talking to my solicitor , she informed me we will qualify for FTB rate based on my sister is FTB . I came back to confirm with the solicitor and she said I am very positive that we will pay FTB rate .
while I was shopping around for solicitors , couple of them informed me that I have to pay SD at investor rate .
I am confused now , shall I put the SD money difference aside waiting for my solicitor to come back to me with the expected "surprise " or shall I go ahead and trust her or shall I find another solicitor ?
Thanks for your support and advice
I did my research and consulted you experts in AAM re SD calculation and my undrestanding that I have to pay SD at the highest rate - which is fine by me .
Talking to my solicitor , she informed me we will qualify for FTB rate based on my sister is FTB . I came back to confirm with the solicitor and she said I am very positive that we will pay FTB rate .
while I was shopping around for solicitors , couple of them informed me that I have to pay SD at investor rate .
I am confused now , shall I put the SD money difference aside waiting for my solicitor to come back to me with the expected "surprise " or shall I go ahead and trust her or shall I find another solicitor ?
Thanks for your support and advice