Property News · September 25, 2023

My ex-husband is buying me out of out former home – do I need to pay tax?


We have told the lender, but I’m wondering whether there will be any tax implications such as CGTQ I have a tenant in common mortgage with my ex-husband on our former marital home that he has been living in. He is now in a position to buy me out of the property and will either continue to pay the small mortgage or pay it off in full.We have agreed the price and have started the process of contacting the mortgage lender and so on but I was wondering whether this “sale” would have any tax implications for me?AN Continue reading…

Source : theguardian.com
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