• Selling My House To My Wife

    By Guest on 14th Jul 2022

    Hello.

    Can anyone tell me if the following is possible:

    I own a house in England, I am the sole name on the deeds and bought the house before I met my wife.

    We are tying to buy a new house.

    She has never owned property before.

    I would like to keep my house and rent it out, which comes with some hefty taxes to pay.

    Would I be able to sell my house to my wife, who will then rent it out, and buy the new house with just me on the mortgage?

    Is there anything stopping us doing that to free up the equity in the house, and effect a quick sale for the purchase of hte new house?

    Thanks in advance

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