One of my clients is an unmarried couple. Been together 10 years, 3 kids.
They want to move to a larger house, and put existing house solely into male's name, and start renting it out.
As far as I can see, gift is OK and no stamp duty, but they would be deemed unconnected for CGT, therefore the male would have a CGT base cost of zero going forward for the half gifted to him.
Is that correct? If yes, not worth doing unless they get married!
Also, property has no mortgage, therefore I assume no SDLT?