Question Title Here

[catsrcool]

My wife has been made the owner of 50% of a property. Iam the sole owner of the house we are living in. If I buy a house for £250,000 and I put us down as joint owners it seems I will have to pay £10000 in stamp duty because it will be considered a second property as far as my wife is concerned. The first £125,000 @3% and the balance @5%. If I buy it in my name only I will pay 0% on the first £125,000 and 2% on the rest = £2500.
If I have got the above right how would you proceed if you wanted to put your partner on the deeds later on? And how long would I have to wait before I did it to avoid paying the extra £7500? Any advise or suggestions please.

[bednobs]

why wouldn't it be second home for you too? I am confused?

[catsrcool]

The 50% share in the other property has nothing to do with me.

[bhg481]

Perhaps catsrcool is thinking of moving house, so he will own the new one INSTEAD of his current one.

[bednobs]

sorry i never thought of that - duh!
you don't own a property together now, so what is prompting you to make your nrext property a joint one. Why not just avoid the problem altogether and (if its a replacement for your current home) nd just buy it yoursef?