Case Study –Concessionary Purchase with No Earned Income

Property Value £200,000
Loan Amount £136,000
Location Nottingham
LTV 68%
Achieved Rate 3.34%
Completed April 2023
Adviser Courtney Flockhart

The Client

Our client was the sole owner of a property. However, due to the recent changes in tax regulations, he expressed a desire to transfer ownership of his buy-to-Let property to his spouse. This decision stemmed from the fact that his wife qualifies as a nil rate taxpayer, making it more advantageous to hold the property under her name rather than his own.