IHTM44058 - Pre-owned assets: exemptions: guarantees
Where a person (鈥楢鈥�) acts as a guarantor in respect of a loan made to another person (鈥楤鈥�) by a third party in connection with B鈥檚 acquisition of any property, the mere giving of the guarantee is not regarded as the provision by A of consideration for B鈥檚 acquisition of the property.