Hi everyone
If we purchase an investment property as tennants in common with a split of 99% -1% (99% husband income earner, 1% me no income) and then say in 6months, move into it and it becomes our PPOR, can we change the title to joint tennants without having to pay stamp duty?
Have asked conveyencer and they have replied 'yes' together with application fee and stamp duty on my 1%....but thought I would check in here as seems a bit too easy to me?
Thanks for any replies
If we purchase an investment property as tennants in common with a split of 99% -1% (99% husband income earner, 1% me no income) and then say in 6months, move into it and it becomes our PPOR, can we change the title to joint tennants without having to pay stamp duty?
Have asked conveyencer and they have replied 'yes' together with application fee and stamp duty on my 1%....but thought I would check in here as seems a bit too easy to me?
Thanks for any replies