Transfer house deeds from single to joint names

sheeppappar

hello.. just wondering if anyone can help..

I have a house with my name only on the deeds and want to add my partner to the deeds so we have joint ownership.

can i do this myself by using land registry forms or will i need to pay a solicitor?

many thanks

BitterAndTwisted

Depends on whether there's a mortgage on the property or not. If no mortgage it's just the Land Reg paperwork which you can do yourself

Scully38

sheeppappar wrote: »

hello.. just wondering if anyone can help..

I have a house with my name only on the deeds and want to add my partner to the deeds so we have joint ownership.

can i do this myself by using land registry forms or will i need to pay a solicitor?

many thanks

As far as i'm aware you need to get a solicitor to alter the deeds to a property. But before you do, just remember all the ramifications of doing so, such as what about the mortgage, are you planing a joint mortgage or just the deeds?

Just remember if you slit up you will have to give her half the proceeds, even if s(he) leaves you a day after you put them on as a addition to the house deeds.

I'd personally be very careful and wouldn't do it unless you're married/living together for a long time

Scully38

To add, there might be capital gains tax to pay if you were to sign over half the house to your partner (depending obviously how much the house is worth and even though you're only adding them to the house deeds). Your partner wouldn't pay it though, that would be down to you. Also depending on the value of the property, your partner might face a bill for stamp duty land tax, which is charged on transfers of property.

The only way I can think of for you to minimise a potential tax bill is for you to get married, as transfers of property between husband and wife do not attract tax.