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Liam Thomson

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  1. Hi! I own a BTL portfolio and I wish to gift a share with no money changing hands to my partner (we're currently unmarried) by a declaration of trust. The share of each individual property's mortgage consideration is less than £40k. I understand that this would not create any SDLT for her (but keen to hear that is correct). However, I'm unclear if this would be regarded as a 'linked transaction'. I have read that linked transactions are relevant for the simultaneous purchase of several properties from the same vendor, and could be treated as if they were all
  2. Hi! If I buy a BTL as a first time buyer (of any property ever) and then I later purchase a home for me to live in (without selling the buy to let), will I be liable for the higher rate of SDLT? The reason I ask is I have read that you avoid the higher rate of SDLT on your home if it's your main residence and is replacing a former main residence sold within the previous three years. Obviously in my scenario, I would not be replacing a former main residence as I don't have one to replace! I do have reasons for buying the BTL first. Doe
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