Transfer of title/deeds costs, solicitors needed?

DalOaksey

Hi all,

I recently split from my girlfriend, we own a flat together and are both on the mortgage. I have spoken to the bank who the mortgage is with to get her off the mortgage, they have sent me out a new pack with Transfer or Title which is fine.

My question is, do I need a solicitor for this or can I just send back the form with the details? The ex isnt disputing anything, its a very amicable split, I am buying her out privately so I am not borrowing anymore money.

Also does anyone know how to go about getting her off the deeds? I've been on the landregistry site but its not very clear. Also is a solicitor neeeded for this?

I really dont want to use a solicitor if not needed, as I say she isnt disputing anything, we've agreed on anything.

Any help would be much appreciated.

Thanks

Richard_Webster

Lender will need a solicitor to protect it interests so you might as well have one to work for you as well as for the lender - you are not going to save much at all by doing it yourself.

fizio

I have done something similar and it required a solicitor and cost £450

G_M

You can DIY the Title transfer (ring the Land Registry - they are v helpful) but as Richard says the bank will insist on a solicitor for the mortgage bit.

You could get quotes with/without the Title transfer and see how much you save.

stitchly

Im in the opposite postion!My ex is buying me out!
My question is..do i need a solicitor or can the transfer of deeds be done through her solicitor and thus saving me a few quid?
Any info would be gratefully recieved.

G_M

stitchly wrote: »

Im in the opposite postion!My ex is buying me out!
My question is..do i need a solicitor or can the transfer of deeds be done through her solicitor and thus saving me a few quid?
Any info would be gratefully recieved.

You can DIY the Title transfer (ring the Land Registry - they are v helpful) but as Richard says the bank will insist on a solicitor for the mortgage bit.

You could get quotes with/without the Title transfer and see how much you save.

Richard_Webster

Im in the opposite postion!My ex is buying me out!
My question is..do i need a solicitor or can the transfer of deeds be done through her solicitor and thus saving me a few quid?
Any info would be gratefully recieved.

If the split is amicable then I very often find that the other party isn't represented - although I write a letter to them advising them they should consider taking independent legal advice, but the majority don't bother.

scared999

Hi Sorry to jump on this post, but Im after the same thing, but got different advise. My ex husband and I are amicable, my partner and I brought him out of our old matrial home, my ex is still on the mortgage, but we would like to take his name off and add my partners name to it. My ex is in 100% agreement to this, Yet I was advised that I would need to take a new mortgage out as the original agreement was between my ex and my???? Can anyone advise?

thank you in advance

scared999

beginning to feel I jinx each thread I respond to as it seems to stop it dead in its trackss

blckbrd

scared999 wrote: »

beginning to feel I jinx each thread I respond to as it seems to stop it dead in its trackss

LOL

Amortgage is offered on the basis of the finances of the people who applied for it.

Your current partner wasn't included in the assessment for your current loan so I'd imagine the lender won't just swap names.

scared999

thank you....