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    • E201
    • By E201 1st Dec 17, 12:26 PM
    • 3Posts
    • 0Thanks
    E201
    Title Deed- Child Added
    • #1
    • 1st Dec 17, 12:26 PM
    Title Deed- Child Added 1st Dec 17 at 12:26 PM
    Dear Forum,

    I live with my elderly mother in a residential house. Two years ago she added my name to the title deed at the Land Registry. I have 2 questions:

    We are now 'joint tenants in common' however I'm unsure of the percentage of ownership that I have in the property- how would I go about confirming this?

    Also, I have a sibling (who agrees with having my name of the property title). Is there anything I should do now in order to protect myself against any future disputes that could potentially arise with this sibling or another family member.

    Thank you in advance for any advice or suggestions.

    Chris
Page 1
    • kingstreet
    • By kingstreet 1st Dec 17, 12:57 PM
    • 32,388 Posts
    • 17,392 Thanks
    kingstreet
    • #2
    • 1st Dec 17, 12:57 PM
    • #2
    • 1st Dec 17, 12:57 PM
    It's joint tenant, or tenants in common.

    The difference is considerable, so please clarify which it is.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
    • E201
    • By E201 1st Dec 17, 1:40 PM
    • 3 Posts
    • 0 Thanks
    E201
    • #3
    • 1st Dec 17, 1:40 PM
    Title Deed- Child Added
    • #3
    • 1st Dec 17, 1:40 PM
    Thanks for getting back to me. I confirm that we are tenants in common.

    Chris
    • kingstreet
    • By kingstreet 1st Dec 17, 1:46 PM
    • 32,388 Posts
    • 17,392 Thanks
    kingstreet
    • #4
    • 1st Dec 17, 1:46 PM
    • #4
    • 1st Dec 17, 1:46 PM
    In which case, you own a percentage of the property and in the event of death, the share passes into the deceased estate and not to the survivor, which is what happens in the case of a joint tenancy.

    You may wish to download the title documents from the land Registry which can be done for a few .
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
    • xylophone
    • By xylophone 1st Dec 17, 1:49 PM
    • 23,661 Posts
    • 13,787 Thanks
    xylophone
    • #5
    • 1st Dec 17, 1:49 PM
    • #5
    • 1st Dec 17, 1:49 PM
    https://www.gov.uk/joint-property-ownership

    Unless otherwise specified as T-I-C it will be 50% each.

    You and your mother may each bequeath your share in your respective wills.

    Check proprietorship register at the LR.
    • getmore4less
    • By getmore4less 1st Dec 17, 2:51 PM
    • 30,819 Posts
    • 18,425 Thanks
    getmore4less
    • #6
    • 1st Dec 17, 2:51 PM
    • #6
    • 1st Dec 17, 2:51 PM
    Ask your mother how much of the house she gave you
    • G_M
    • By G_M 1st Dec 17, 4:27 PM
    • 42,310 Posts
    • 49,156 Thanks
    G_M
    • #7
    • 1st Dec 17, 4:27 PM
    • #7
    • 1st Dec 17, 4:27 PM
    Ask your mother how much of the house she gave you
    Originally posted by getmore4less
    This is the correct answer.

    Ideally, and to avoid any argument (which seems to concern you!) there should be a written agreement of this. The best solution is to have a Declaration of Trust drawn up.


    See also

    https://www.gov.uk/joint-property-ownership

    http://www.thisismoney.co.uk/money/news/article-1594984/Tenants-common.html
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