“Nobody ever tells you that, do they?”
Louisa said the unexpected property tax, surprisingly, catches out a lot of homeowners.
With house prices fluctuating upwards, more couples could find themselves liable for SDLT if they’re not careful.
She continued: “If you think about house prices in London and the southeast, and how far they’ve moved over the last ten years.
“Then you think about if you were to move in with a person with a property and they’ve spent ten years paying down the mortgage and then all of a sudden you’re coming into this arrangement – it catches out more people than you would think!”