I'm not worried about stamp duty, just the TRS. The bank said that we should have my partners name on the site title as it is a gift from her parents and will not be subject to capital gains tax or stamp duty and also have her name on the title of the house but both our names on the mortgage and in a few years get both our names on both titles.
We just want to know that if her name goes on the title of the house as she is a first time buyer and both our names go on the mortgage, will we get the TRS on the mortgage? The bank called the new mortgage application ''sole title, joint mortgage''
I have looked at the revenue website but am unclear of it.