Q My partner and I are not married. He has owned one property for five years. I am neither the legal nor the beneficial owner of that property, although in reality we treat it as belonging to both of us.
I have just bought a buy-to-let property in my own name. We did this using a “joint borrower single proprietor mortgage”. This was both because I would not have met the affordability requirements on my own and because if my partner was also on the deeds we would have had to pay the extra 3% second home rate of stamp duty. (The first-time buyer discount is not relevant because the price was more than £500,000 and it was a buy-to-let property anyway.)
