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adding a name to deeds of house

2

Comments

  • so i can either go to solicitor and they do all this for 300 quid or do it myself as per posts above?
  • havent really got 300 quid tho :(
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Colin,
    Go to the land registry site, find your local office, and ring them. They are very helpful and will answer all your questions, tell you how to get which forms, why, and what to do.

    Sausage - hijacking is very confusing. Difficult to tell which responses apply to which questions. Suggest you start your own thread!
  • thanks very much xx
  • SmlSave
    SmlSave Posts: 4,911 Forumite
    Part of the Furniture Combo Breaker
    so i think joint tennants would be the best option why and who is and why is it passed direct to survivor ( what does survivor mean?)

    I meant it in the way that you and your partner are a couple and therefore if one of you dies the other is a 'survivor'. sorry if my wording confused.

    As far as I am aware: - fill out a TR1 and AP1. Either get a solicitor to id you (think there may be a form for that too! - ask the Land Registry) or go to Land Registry direct as Richard suggested. If you are transferring the property for "natural love and affection" then the fee for the AP1 should be £50.
    Currently studying for a Diploma - wish me luck :)

    Phase 1 - Emergency Fund - Complete :j
    Phase 2 - £20,000 Mortgage Fund - Underway
  • im going to give land resgistry a ring now to see if they can help - thanks for your help :)
    your wording is fine im just dull haha xx
  • timmyt
    timmyt Posts: 1,628 Forumite
    TR1 from sole into joint, and check if indemnity covenant for existing covenants is needed. AP1 as per Richard Webster above.

    But partner needs to think about capital gains tax effect - if any.

    Do you then hold as tenants in common (in which case make a will or tenants in common choice is only half complete) or joint tenants.

    Good luck, but don't go DIY, never worth it.
    My posts are just my opinions and are not offered as legal advice - though I consider them darn fine opinions none the less.:cool2:

    My bad spelling...well I rush type these opinions on my own time, so sorry, but they are free.:o
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    timmyt wrote: »
    Good luck, but don't go DIY, never worth it.

    As a solicitor timmyt always advises against DIY - it removes income from solicitors!

    But some transactions are pretty straight-forward providing you read up and understand what you are doing. this is one one of them.

    And as I said the Land Registry are very helpful. They won't give legal advice, but they will tell you how to do it, where to get the forms, where to send them, and they'll explain the difference between 'tenants in common' and 'joint tenants' (though won't advise which you should choose to do).
  • what is capital gains tax?
  • what is capital gains tax?

    Congratulations - you have won 'Best Question of the Week'

    Unfortunately, there is no prize.
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