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Buying house in family - can I just fill the forms in
Nuttydj
Posts: 24 Forumite
Hi
I'm trying to buy a house from a family member, I don't need any searches and am happy with the price so just want to legally change ownership.
From what I can read online we can fill in TR1 and AP1 for land registry and that fulfills the title change
There is no stamp duty (below 125k) but I think I still need to fill in SDLT1 for HRMC with a zero stamp duty, is that right? On this form I understand, and can answer all the questions except number 7, is there land involved, does this include the land the property is on? A stupid question I'm sure and I would assume no but it's not clear in the guidance
Do we need a contract as I'm completely happy with the transfer?
And are there any other forms needed?
Oh should say the property is a freehold and obviously no Estate agent involved
Thank you for reading!
I'm trying to buy a house from a family member, I don't need any searches and am happy with the price so just want to legally change ownership.
From what I can read online we can fill in TR1 and AP1 for land registry and that fulfills the title change
There is no stamp duty (below 125k) but I think I still need to fill in SDLT1 for HRMC with a zero stamp duty, is that right? On this form I understand, and can answer all the questions except number 7, is there land involved, does this include the land the property is on? A stupid question I'm sure and I would assume no but it's not clear in the guidance
Do we need a contract as I'm completely happy with the transfer?
And are there any other forms needed?
Oh should say the property is a freehold and obviously no Estate agent involved
Thank you for reading!
0
Comments
-
Provided there is no existing mortgage, and no new mortgage involved, you are basically right.
You can get the forms, and guidance notes, and a video, here:
https://www.gov.uk/government/publications/registered-titles-whole-transfer-tr10 -
Nuttydj - you need forms ID1 for anyone involved who is not legally represented so I suspect that's both the sellers and you. This is explained in the guidance G_M has linked you to“Official Company Representative
I am the official company representative of Land Registry. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"0
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