How to remove a tenant in common from deeds?

vertex

Hi

I own the house with my ex partner. We've had it for a couple of years and we're both 'tenants in common' becuase I own a slightly larger share of the house.

We're in agreement that I take over the whole mortgage (Ive checked with the mortgage provider and they're happy I can make the repayments).

I've spoken to the conveyancing solicitor that we used when purchasing the property. They quoted me £600 to remove my ex from the deeds. My ex would also need legal representation.

£600 seems a lot especially as there's the added expense my ex has to pay for 'representation'. I was interested to see what other people thought. Myself and my ex are in agreement with the 'financial' side of things, so theres no dispute between us. Its just a case of getting his name removed from the deeds.

I'd like to hear from people who have been in a similar situation and can offer any advice.
Thanks

getmore4less

Mortgage is the issue you will effectively be remortgaging into one name from 2.

Pay the mortgage off first and you can do it on the cheap.

Red-Squirrel_2

Cost me less than £100, but that was 8 years ago.

vertex

getmore4less wrote: »

Mortgage is the issue you will effectively be remortgaging into one name from 2.

Pay the mortgage off first and you can do it on the cheap.

Unfortunately it will be many years before I can pay the mortgage off!

The mortgage lender has already said its fine to put the mortgage just in my name; and they are happy I can manage the monthy repayments.

The issue is with removing my ex from the deeds.

vertex

Red-Squirrel wrote: »

Cost me less than £100, but that was 8 years ago.

Really!? Did you use the same solicitors that you used for conveyancing? Was it a generic solicitor or a conveyancing solicitor?

00ec25

vertex wrote: »

Unfortunately it will be many years before I can pay the mortgage off!

The mortgage lender has already said its fine to put the mortgage just in my name; and they are happy I can manage the monthy repayments.

The issue is with removing my ex from the deeds.

the mortgage lender will (normally) require that any conveyancing is done by a solicitor so as to protect the lender's position.

they may have agreed to the change in mortgage, but have they agreed you can DIY the conveyance?

Red-Squirrel_2

vertex wrote: »

Really!? Did you use the same solicitors that you used for conveyancing? Was it a generic solicitor or a conveyancing solicitor?

It was a general solicitor who did a fair bit of conveyancing as well as will writing, divorces and other family law type stuff.

I was the one being bought out and paid about £65 as I recall, my ex was doing the buying out, he paid a tiny bit more than me at nearer £100 to the solicitors who had done the original conveyancing on the purchase but nowhere near £600!

Its a 'transfer of equity' and if you both agree on the amounts involved it should be straightforward.

vertex

00ec25 wrote: »

the mortgage lender will (normally) require that any conveyancing is done by a solicitor so as to protect the lender's position.

they may have agreed to the change in mortgage, but have they agreed you can DIY the conveyance?

Are you saying the bank will only accept a solictor that they appoint? (Im not thinking about doing the conveyancing myself!)

getmore4less

vertex wrote: »

Unfortunately it will be many years before I can pay the mortgage off!

The mortgage lender has already said its fine to put the mortgage just in my name; and they are happy I can manage the monthy repayments.

The issue is with removing my ex from the deeds.

they will say its fine but you need a solicitor to deal with it.

Get a quote from one of the mortgage lenders tame solicitors.

vertex

getmore4less wrote: »

they will say its fine but you need a solicitor to deal with it.

Get a quote from one of the mortgage lenders tame solicitors.

Did you mean to say 'tame'?

00ec25

vertex wrote: »

(Im not thinking about doing the conveyancing myself!)

that is not the impression you created with your original post

vertex wrote: »

Are you saying the bank will only accept a solicitor that they appoint? (Im not thinking about doing the conveyancing myself!)

not necessarily, but they will require a solicitor and if they are a genuine solicitor (not licensed conveyancer) they will refuse to act for both you and your ex as they are prevented from doing so. On that basis whether your ex ends up requiring their own solicitor is down to them

so the only possible answer to your OP is get some quotes since whatever anyone else on here says they paid (however long ago) may not apply in your location and circumstances (including the "online" conveyancers)