Transfer into joint names :- effect on FTB status

Hi,

I have my own PPR at present which was my 2nd house purchase (I sold my 1st), so when i bought this one i had already lost my first time buyer status and paid the relevant stamp duty.

My g/f is now living with me and she has never owned a house previously. We are now looking at the options of putting the house in joint names but I wonder a) whether she will lose her FTB status or b) if she does then can we claw back some stamp duty on this purchase.

The other question i have is, as we are also considering a property investment in Ireland, would we be better not to put my PPr into joint names and have her buy the investment property in her sole name thus getting FTB status and no stamp duty?

hamstring said:

The other question i have is, as we are also considering a property investment in Ireland, would we be better not to put my PPr into joint names and have her buy the investment property in her sole name thus getting FTB status and no stamp duty?

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You can't get the exemption from stamp duty on an investment property. In order to qualify for the exemption, your g/f would have to live in the new property.

Moved from Mortgages and Buying and Selling Homes.