Switching beneficial ownership
Tax Planning and Financial

A new landlord
A new landlord
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3 Posts
9 years ago
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I own a buy-to-let property jointly with my wife, and we currently share the rent equally for tax purposes. But I am a higher-rate tax payer, while she has an unused tax-free allowance. Would it be therefore be sensible and relatively easy to switch the beneficial ownership solely to her? If I did so, would I typically need to get permission from my mortgage provider? And is it at all likely that they would give permission?

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