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Change ownership title to include someone else?
JimmyChanga
Posts: 262 Forumite
Not sure if this is the best section but I want to change the title of my property to also include someone else. From what I can see you just fill in a form and send a fee. Can anyone confirm if that is all there is to it?
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Comments
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Nearly. 3 forms.
* TR1
* ID1
* AP1
https://www.gov.uk/government/publications/registered-titles-whole-transfer-tr1
Assuming of course there is no mortgage.....
And the property is registered......0 -
I presume you don't have a mortgage or any other charges/restrictions?0
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No mortgages. All paid up :-)0
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Then if the property is registered, read the guidance I linked, complete the forms, and either get a solicitor to verify the ID (some cost) or take the forms to a Land Registry Office where they will ID you for free.JimmyChanga wrote: »No mortgages. All paid up :-)0 -
Be careful re 'why' (not asking, just saying do some research). If they're a FTB, you may not be doing them any favours.2024 wins: *must start comping again!*0
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Be careful re 'why' (not asking, just saying do some research). If they're a FTB, you may not be doing them any favours.
If the "someone else" ever gets divorced or made bankrupt, there is a risk that the property may need to be sold. Do you really want to take that risk if it is your home ?
Get yourself some proper, paid for, legal advice that sets out the risks and advantages (if any).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.0
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