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Stamp duty query


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My daughter and her partner are buying a new build house for £237,000. My daughter is a first time buyer but her partner has a share in his mother's house which he has cashed in to use as part of the deposit. His name is still on the deeds of his mother's house.

Their conveyancing solicitor is telling them that unless the partner removes his name from his mother's house deeds they will have to pay stamp duty. The figure quoted is approximately 3%.

Can anyone please advise if this is correct please?

The cost for removing the partners name from his mother's house deeds has been quoted as £2.000, which they can ill afford at this time. It would also take time and delay their move in date.

Any assistance would be greatly appreciated.

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If he has cashed in his share in his mother's house does that mean he has sold it to someone? (His mother?) If so why is his name still on the Land Registry title?

I assume the conveyancing solicitor knows what they are talking about. You can check on the government SDLT calculator here--> Stamp Duty Land Tax Calculator

If you enter your details and say that the purcase will result in (one of ) the owners owning two properties then SDLT of £7,110 will be payable (3%). If you do it saying it won't result in the purchasers owning two properties it shows SDLT as Nil. 

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certainly does cost NOT £2k to remove a name from deeds

see the .gov.uk land registry site ....if you need to, you can do it yourself almost FOC.

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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