• Put House In My Wifes Name So We Can Buy Another Without The 2nd Home Tax

    By Guest on 23rd Apr 2016

    In 2013 my husband and I bought a house for cash. It was put inmy husbands name only for some reason. Now we want to buy another with a mortgage but my husband has the income, not me. Can we get the house we own put in my name and then avoid the 2nd home increased stamp duty cost? It will be the first time either me or my husband have had a mortgage as we bought the last house with cash?????

  • 1 Answers

    By Guest on 24/04/2016

    Unfortunately not as the new law treats married couples as a "single unit", so if one of the couple owns a house they are treated as both owning it for stamp duty purposes.

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