Hi,
I have 2 residential property under my name.
- I want to transer whole of one of my property into my wife`s name. Is this doble? The property has got a mortgage under my name.
- Can I keep the mortgage under my name and just change the property deed ito her name?
- If I can tranfer whole of one of my properties to my wife`s name(Item 1), then will I be titled as a person who just own 1 residential property?
- when I bought my another property I paid higher SDLT. If I transfer my property in item 1 to my wife's name, can I apply for refund of SDLT for my another property? The property bought recently and has a higher value than the oter one(which want to transfer it to my wife`s name).
Thanks for your advice in advance.