Transferring property

beedeedee

Why would it be expensive and what would the serious consequences be if the owner transferred the property to someone and then left the UK to live abroad? Just wondering......?

zygurat789

beedeedee wrote: »

Why would it be expensive and what would the serious consequences be if the owner transferred the property to someone and then left the UK to live abroad? Just wondering......?

You are introducing new situations, the original situation could give rise to unnecessary tax bills or be fraudulent.

rabialiones

hi, just want to transfer property bought about 6 months ago as sister wants to buy it from me.
searches etc all done recently , i.e. conveyancing done thru solicitor, so dont want to go through all that process again.
please advise if this is possible and can be done just thru land registery and changing name on deeds.
no mortgages or loans involved
thanks

rabialiones

FOA land registry representative
please reply to post
transfer ownership hi, just want to transfer property bought about 6 months ago as sister wants to buy it from me.
searches etc all done recently , i.e. conveyancing done thru solicitor, so dont want to go through all that process again.
please advise if this is possible and can be done just thru land registery and changing name on deeds.
no mortgages or loans involved
thanks

Land_Registry

rabaliones - apologies for not spotting this one previously

Our online guidance explains how you can transfer the ownership

As with most things to do with the registration process we always recommend seeking legal/financial advice as well though

rabialiones

thanks for the prompt reply,
i have looked at this, how can evidence of ID be provided as on the site it is just for the conveyancers

Land_Registry

The guidance and notes explain how you can either use a conveyancer to verify your identity or visit one of our 14 offices to have it done

Missus_Hyde

My sister and I transferred my late mother's house into our names as 'tenants in common' before we sold it.

It was dealt with very simply by a local solicitor; it only took a couple of weeks as we already had probate and I think it cost about £280.00.

teddysmum

Missus_Hyde wrote: »

My sister and I transferred my late mother's house into our names as 'tenants in common' before we sold it.

It was dealt with very simply by a local solicitor; it only took a couple of weeks as we already had probate and I think it cost about £280.00.

When my father died, my sister and I sold the house .The proceeds went into the estate and were shared out; no need to pay to transfer into our names.

rabialiones

just a quick question for land reg., rep.
value of house is 95000.
they will transfer me 70000 from the sale of their house and 25000 will be paid by private loan over an agreed time period approx 2/3 years
so how can this be shown on transfer form?