{"id":139297,"date":"2023-09-25T13:00:19","date_gmt":"2023-09-25T06:00:19","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-ex-husband-is-buying-me-out-of-out-former-home-do-i-need-to-pay-tax\/"},"modified":"2023-09-25T13:08:42","modified_gmt":"2023-09-25T06:08:42","slug":"my-ex-husband-is-buying-me-out-of-out-former-home-do-i-need-to-pay-tax","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-ex-husband-is-buying-me-out-of-out-former-home-do-i-need-to-pay-tax\/","title":{"rendered":"My ex-husband is buying me out of out former home \u2013 do I need to pay tax?"},"content":{"rendered":"


\nWe have told the lender, but I\u2019m 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 \u201csale\u201d would have any tax implications for me?AN Continue reading…
\n
\nSource : theguardian.com
\nRead more…My ex-husband is buying me out of out former home \u2013 do I need to pay tax?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We have told the lender, but I\u2019m wondering whether there will be any tax implications...<\/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-139297","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-AeJ","jetpack-related-posts":[{"id":136144,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-want-to-rent-out-our-manchester-house-when-we-move-but-what-are-the-tax-implications\/","url_meta":{"origin":139297,"position":0},"title":"We want to rent out our Manchester house when we move but what are the tax implications?","date":"May 1, 2023","format":false,"excerpt":"\r I have a new job in London, although we cannot afford to buy a property thereQ My partner and I currently own a property in Manchester. 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My husband and I own our house that we reside\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129177,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-long-must-my-husband-be-in-his-new-job-for-us-to-get-a-mortgage\/","url_meta":{"origin":139297,"position":2},"title":"How long must my husband be in his new job for us to get a mortgage?","date":"August 29, 2022","format":false,"excerpt":"\r We only need a \u00a350,000 loan to buy my parent\u2019s house but all the jargon is about people buying at market valueQ I know every lender is different but how long does my husband need to be in his new job before we can apply for a mortgage?We only\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12592,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tax-effect-pulls-down-house-prices-in-april-says-uk-lender\/","url_meta":{"origin":139297,"position":3},"title":"Tax effect pulls down house prices in April, says UK lender","date":"May 11, 2016","format":false,"excerpt":"\r British house prices fell more sharply than expected last month after the introduction of a new tax on the purchase of rental properties and the market might be entering a cooler phase, mortgage lender Halifax said.\r \r Source : South China Morning Post\r Read more...Tax effect pulls down house\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98435,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-my-ex-partner-get-a-mortgage-deal-so-she-can-stay-in-our-house\/","url_meta":{"origin":139297,"position":4},"title":"Can my ex-partner get a mortgage deal so she can stay in our house?","date":"September 24, 2018","format":false,"excerpt":"\r She doesn\u2019t have funds to buy me out and couldn\u2019t afford to pay the whole mortgageQ My partner and I bought a house together as tenants in common with a four-year fixed-rate mortgage. The house was \u00a3370,000 and the deposit was \u00a3150,000 which I had inherited on my dad\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23917,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-want-to-sell-a-house-ive-been-renting-out-will-i-have-to-pay-capital-gains-tax\/","url_meta":{"origin":139297,"position":5},"title":"I want to sell a house I've been renting out \u2013 will I have to pay capital gains tax?","date":"August 25, 2016","format":false,"excerpt":"\r I\u2019m also wondering whether my ex-wife would have had to pay CGT when she sold her share of the property to me after our divorce Q Could you please assist me with the following complicated but not uncommon situation. 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