Owner/registered keeper of 2 vehicles?

bigegg7583

I took the plunge, after advice on here (thanks btw!), and made myself bankrupt on 19th October.
Pain free so far, but I have a minor issue...

Pre-bankruptcy, I owned, and was registered keeper, of a van, and a car - both only worth about £500.

The insurance on the car is about £40 a month, and the OR has told me he will make it "exempt"(?)

I sold the van to my son for £500, and the OR was happy with that.
My son is funding the tax, and insurance (£25 a month)- the OR is happy with that...

I told the OR that I had use of the van - he was happy with that.

However, he says he wants the v5 to be transferred into my son's name - that would mean it would have to be insured in his name, without MY NCD - presumably so there's no liability to my estate for fines etc if I fail to tax/insure it.

My son doesn't drive, and he's 24, so to insure it would mean an increase from c.£25 per month to over £120 per month.

We are in the process of moving house, so need the van until the insurance runs out in january - the car is used to take my (75 y/o) mum out shopping and such like - she can't get up into the van.

Is there any way that I can argue I am NOT the owner, and still remain named on V5 so that we can afford to run the van as well as the car?

Thanks

G192

Hi
As far as I understand things it is not relevant if your name is on the V5. However if the V5 is in your sons name you should still be able to insure it in your name. My wife's car is in her name but I insure it in my name and there is no problem there. As long as the vehicle is insured it is irrelevant who insures it. The person named on the V5 is the person legally responsible for the vehicle and in your case your son would be legally responsible to make sure you have insured it. Try phoning Aviva since when we bought wife's car we had a very similar conversation.