{"id":126804,"date":"2022-05-23T13:00:10","date_gmt":"2022-05-23T06:00:10","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-husband-wants-our-home-in-his-sole-name-can-i-protect-myself\/"},"modified":"2022-05-23T13:20:35","modified_gmt":"2022-05-23T06:20:35","slug":"my-husband-wants-our-home-in-his-sole-name-can-i-protect-myself","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-husband-wants-our-home-in-his-sole-name-can-i-protect-myself\/","title":{"rendered":"My husband wants our home in his sole name \u2013 can I protect myself?"},"content":{"rendered":"


\nHe says because I part-own a flat there would be an issue with stamp duty, but I don\u2019t feel comfortableQ We are buying our next family home. My husband wants it in his sole name (both on the mortgage and at the Land Registry) but this makes me feel uneasy. He says it doesn\u2019t matter as we are married so if he dies I will get it and if we divorce I will get half.I\u2019m currently on maternity leave so not earning but when I was at work, I did pay towards the mortgage each month. However, I don\u2019t earn as much as him so before I was only able to contribute a small amount towards the mortgage.He says because I have a flat I bought with a friend some years ago making me a joint owner would create an issue with stamp duty and also I wouldn\u2019t be able to get a mortgage so he will leave my name out on the application.This doesn\u2019t make me feel comfortable. Am I protected? Or \u2013 if not \u2013 how can I protect myself? My husband says that when I am able to sell my flat can I put my name on the house but won\u2019t there be fees to pay to do that?BYA I have some bad news for your husband: even if you aren\u2019t named as joint owner on the new house your flat could still have an impact on the rate of stamp duty land tax (SDLT) you are charged in England because the tax system treats a married couple or civil partnership as one unit. Continue reading…
\n
\nSource : theguardian.com
\nRead more…My husband wants our home in his sole name \u2013 can I protect myself?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

He says because I part-own a flat there would be an issue with stamp duty,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-126804","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wZe","jetpack-related-posts":[{"id":121604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-are-the-tax-and-mortgage-implications-if-i-buy-a-flat-with-my-son\/","url_meta":{"origin":126804,"position":0},"title":"What are the tax and mortgage implications if I buy a flat with my son?","date":"August 23, 2021","format":false,"excerpt":"\r I would pay a \u00a3100,000 deposit and want to own two-fifths and leave my share to him in my willQ My 30-year-old son is paying so much in rent that he is struggling to save a big enough deposit to buy his first flat. I have some spare cash\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":963,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/does-the-3-stamp-duty-for-second-properties-apply-in-scotland\/","url_meta":{"origin":126804,"position":1},"title":"Does the 3% stamp duty for second properties apply in Scotland?","date":"January 7, 2016","format":false,"excerpt":"\r We might rent out our flat and buy a house, but are unsure if the stamp duty rules apply to our new house even though we\u2019d be living in it Q I live with my wife in a flat in central Glasgow and we\u2019re looking to move somewhere quieter\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129830,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/if-we-buy-a-flat-for-our-son-in-my-wifes-name-would-she-be-deemed-a-first-time-buyer\/","url_meta":{"origin":126804,"position":2},"title":"If we buy a flat for our son in my wife\u2019s name would she be deemed a first-time buyer?","date":"September 19, 2022","format":false,"excerpt":"\r I have two houses in my name, so wonder whether including me on a joint mortgage affects stamp dutyQ As our son will go to university next year, we are considering buying a flat or property in the city where the university is for him to live in. We\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127381,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/if-i-swap-properties-with-my-daughter-will-we-have-to-pay-stamp-duty\/","url_meta":{"origin":126804,"position":3},"title":"If I swap properties with my daughter will we have to pay stamp duty?","date":"June 27, 2022","format":false,"excerpt":"\r I own my second home outright and she has a mortgage on a flat but no money will change handsQ I own a house outright. The property is a second home and not my main residence. My daughter and son-in-law have a mortgage on their flat. We want to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73005,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-my-son-get-first-time-buyer-stamp-duty-relief-if-we-get-a-joint-mortgage\/","url_meta":{"origin":126804,"position":4},"title":"Will my son get first-time buyer stamp duty relief if we get a joint mortgage?","date":"November 27, 2017","format":false,"excerpt":"\r We don\u2019t know how two buyers of different status affect the applicationQ I own the house I live in and want to help my son buy a flat. If we get a joint mortgage, what rate of stamp duty will apply given that he doesn\u2019t currently have a property?\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26155,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/were-not-married-so-can-we-avoid-higher-stamp-duty-on-a-second-home\/","url_meta":{"origin":126804,"position":5},"title":"We're not married, so can we avoid higher stamp duty on a second home?","date":"September 15, 2016","format":false,"excerpt":"\r My partner and I are thinking of putting a buy-to-let property in just one of our names to avoid the higher rate of taxQ My partner and I own our home outright. We plan to buy a second property to rent out using \u00a360,000 in savings and a mortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126804"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=126804"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126804\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=126804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=126804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=126804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}