Cost of name changing on property title deeds

bazz · 9 January 2009 at 12:21AM

Hya. Please does anyone know the rough costs for changing the name on property title deeds from joint to single name?
Thanks x

vaio · 9 January 2009 at 12:38AM

Think it’s free if no money changes hands and there is no mortgage involved, just get the form from the LR and fill it in

bazz · 9 January 2009 at 1:24PM

Thanks x:T

Lemanie_2 · 9 January 2009 at 2:44PM

Hey bazz,

It's not that simple, I'm afraid - especially if there is a mortgage over the house as your mortgage company will require the registered owners of the property to be tied into the mortgage.

Its called a Transfer of Equity and needs to be done via solicitors...My old firm used to do them for about £250 pluz VAT, but that was a while ago.

Lemanie

bazz · 9 January 2009 at 5:50PM

Hya. I intend paying off our joint mortgage in full and changing the joint deeds to my name as agreed with my ex. Thanks x

pukkamum · 9 January 2009 at 8:03PM

Yes my sister did it and it cost her £250.

bazz · 9 January 2009 at 9:20PM

Can it be done through online solicitors? I did that to save money on our divorce.

vaio · 9 January 2009 at 9:45PM

Lemanie wrote: »

Hey bazz,

It's not that simple, I'm afraid - especially if there is a mortgage over the house as your mortgage company will require the registered owners of the property to be tied into the mortgage.

Its called a Transfer of Equity and needs to be done via solicitors...My old firm used to do them for about £250 pluz VAT, but that was a while ago.

Lemanie

I’m sure a solicitor or similar will cheerfully relieve you of £250 to do the job but I did it a few years ago using (I think) form TR1, a few questions I had were answered over the phone by the LR. I filled the form in and sent if off with a tiny fee. Job done.

But, as I said previously, this doesn’t apply if money is changing hands or a mortgage is involved.

Think this was the form

http://www1.landregistry.gov.uk/assets/library/documents/TR1.pdf

OP, ring the land registry and ask is probably best

bazz · 9 January 2009 at 11:18PM

Thanks. I`ll have a look at the land registry site. x

buzzybee67 · 15 January 2009 at 3:41PM

Does anyone pse know how we change the % we own on our house. we have separated on our small home which is mortgage free.as we are joint owners we are 50/50 owners but we want it to be myself 1/3 and my wife 2/3 so when it is sold at a later date i get 1/3 of sale price and not 50/50. anyone know of easy way to change this?? many thanks guys

skintchick · 15 January 2009 at 8:50PM

How about changing your own name? I got married and need to change, I could add hubby but he doesn;t mind if not, there is no mortgage on it.

Cost of name changing on property title deeds

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