Owning your own home

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Sparky in reply to @Hovis

Not sure. I'd probably have to account for the big wodge of cash landing in my account somehow... Neither of us mind paying what's due when it comes to tax.

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Polygon in reply to @Sparky

If your selling her a chunk of the equity as an asset you may be liable for capital gains tax I think. From what you describe I don't think SDLT applies as it's not a new purchase. I'm probably wrong though.

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ChasnotRobert in reply to @Polygon

No capital gains tax on transfers between spouses.

Are the sparkies married? Makes this stuff a lot simpler.

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