Married couple separating, and selling the family home and buying one each. On Googling, I find the words "Spouses are treated as living together unless separated under a court order or formal deed of separation." This should happen in the next few weeks. Nothing has been done about a formal deed - is this immediately required? Is there any danger of the higher rate of stamp duty being due on the new properties?
Also there is a rental property which is on the market, but has not been sold yet. Given this has never been a PPR, is this an exposure? I think I may have heard mention at a tax update seminar, but cannot remember clearly.