Take part in the SDLT discussion forum and give feedback. Sign up to submit that question you've wanted to ask or to share your experience or an outcome to a point of law or practice that may be puzzling the rest of us.

Home Forums Patrick Cannon Is SDLT payable when mother and son swap houses? Reply To: Is SDLT payable when mother and son swap houses?

#807
Justin Bryant
Guest

Patrick, can’t you argue that if properly documented your scheme works so that son is in effect gifting a 1/3 share in his £225k house (worth £75k) to his mother and swapping the remaining 2/3 share (worth £150k) for his mother’s £150k house? In my view the legislation is not unambiguously clear that you cannot do that and I think there was some discussion in the STPG a few years back that that should work.