do i need to pay stamp duty on a remortgage of 119,999 if i am taking a person off...

  • Thread starter Thread starter flashbang55
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flashbang55

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...the mortgage/deeds? im looking to remortgage and borrow slightly more...my remortgage amout is £113,500 + £6,500 extra capital plus any mortgage fee's under £2,500 but i thought stamp duty was only payable on a property purchase and not remortgage?i am removing a name from the mortgage and deeds and wonder if that effects things?
 
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