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Transfer of property ownership

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Comments

  • Jenniefour
    Jenniefour Posts: 1,396 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Mortgage-free Glee!
    Many thanks, everyone, appreciated. I will go and see a solicitor to get all this explained, as it's important to get everything properly in order.
  • FreeBear
    FreeBear Posts: 18,306 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    If it was registered in her sole name and you are transferring to the beneficiaries then it's form AS1 and not TR1 you need. Forms AP1 and ID1 still apply though.

    Just to add to this - If the property hasn't been registered, then the assent will trigger a compulsory first registration. If that is the case, then you'll need to track down the deeds and complete an FR1 form.
    Any language construct that forces such insanity in this case should be abandoned without regrets. –
    Erik Aronesty, 2014

    Treasure the moments that you have. Savour them for as long as you can for they will never come back again.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Just to add the rules on interest in possession changed in 2006, DOV should make one an qualifying immediate post death which eliminates your CGT exposure.
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