Stamp duty on gifting house?

Stamp duty on gifting house?

Author
Discussion

tight fart

Original Poster:

2,913 posts

273 months

Friday 21st October 2016
quotequote all
A friend of mine has just lost Dad and now rather late Mum has started to think about inheritance tax, wills etc.
She's 86 and wants to gift her house to her 2 sons, they both own their own property.
Big mouth me suggest they may have to pay stamp duty on the transfer and at the 2nd home owner rate, am I right?