Owning your own home

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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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Polygon in reply to @ChasnotRobert

Oh right yeah, good point.
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NotThamesWater in reply to @ChasnotRobert

Also no cap gains on disposal of your permanent residence - i.e. if Sparky is & mostly has been living there

Legal advice is pretty much a must though.

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