Hello friends,
I would lndeed appreciate if you could kindly advice me on the following matter. i have bought a flat on loan through joint borrowing with my younger brother. i am married, and i intend to transfer the entire flat to my brother. hence my question is 1) can i transfer the property in my brothers name whilst the property is still held by the bank, as the loan is still going on 2) if yes, do i have to pay a stamp duty 3) will my getting married affect the deal in anyway. i mean, can my wife also claim a share in the property, or will this affect the transfer in anyway, as i intend to transfer the whole flat to my brother without my wife being party to it. she is not connected in anyway with the property.
Your reply will be highly appreciated. thnks
