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Inquiry Regarding Stamp Duty Exception for Home Purchase in Scotland

Hello,

I am seeking information regarding the potential purchase of a new home in Scotland, despite already being a homeowner. I am recently divorced and have left our family home to my ex-wife until our youngest child reaches 18 years of age (currently 15), as per the agreement of a judge.

I am interested in finding out if there is a possibility of obtaining an exception from paying the 6% stamp duty on a new property. This is because my consent order explicitly states that I am not residing in the family home, even though the mortgage is jointly held and there is a 60/40 split in favor of my ex-spouse.

The relevant portion of the consent order states “the respondent shall be entitled to occupy the property rent-free to the exclusion of the applicant until the determining event as defined below.”

Additionally, it may be worth noting that the family home is located in England.

Thank you for your assistance with this matter.

How AI Legalese Decoder Can Help:
AI Legalese Decoder can help in this situation by analyzing the consent order and providing an interpretation of the legal terms used within it. It can also offer guidance on potential strategies for seeking a stamp duty exception based on the particulars of the consent order and the shared ownership arrangement. The tool can assist in translating complex legal language into clear and actionable insights, aiding in the decision-making process for the purchase of a new property.

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Original:
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Rewritten:

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