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DIY property transfer
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george278
Posts: 53 Forumite
I am doing the conveyancing on a transfer of a property that is jointly owned by me and two family members that we want transferring to two different family members and me.
I am correct in assuming that on the TR1, transfer of whole of registered title form, I will need to cite myself as both a transferor and a transferee?
There is not a mortgage on the property and I am aware of the verification of ID rules. The transaction is not subject to stamp duty.
I am correct in assuming that on the TR1, transfer of whole of registered title form, I will need to cite myself as both a transferor and a transferee?
There is not a mortgage on the property and I am aware of the verification of ID rules. The transaction is not subject to stamp duty.
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Comments
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Yes that is correct, all current registered proprietors will need to be the Transferors named in the TR1. You +2 other family members as Transferees.0
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And in case of doubt the Land Registry are very helpful with completing their forms. Call them.0
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This can be DIY? didn't know that“If you want to feel rich, just count the things you have that money can't buy”0
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