Do I need a solicitor to change name on house deeds?

Conrad3000

They don't.

poseidon1

OP my impression throughout the progress of this thread is that you and your sister should take paid for legal and tax advice before embarking on this excercise of playing 'pass the parcel' with the property.

Clearly there is little or no understanding of potential CGT implications on your sister which could lumber her with a tax bill for her generosity, whilst your desire to rid yourself of ownership remains inexplicably unexplained. Therefore the legal ramifications on the end recipient of your 'generous' onward gift of the property would be sheer speculation at this point.

Conrad3000

Thanks poseidon.

But for argument's sake, let's say, as mentioned earlier, if the house was in my name and I wished for it to go to someone else (whether it be family or anyone else), in short, would I need to contact a solicitor/conveyancer to do this? Or could I do the paperwork myself and save a hefty fee?

That's all I really want to know.

user1977

Why do you think the answer might be any different from your original question?

poseidon1

https://forums.moneysavingexpert.com/discussion/comment/82058413#Comment_82058413

Theoretically ( 'for the sake of argument') if you know exactly what you are doing and crucially can explain to recipient the short and long term legal and fiscal consequences of what you propose, then you can certainly attempt to do this on a DIY basis.

However, I suspect that on both criteria you are going to widely miss the mark, and for that reason my original reccomendation stands.

Conrad3000

https://forums.moneysavingexpert.com/discussion/comment/82058433#Comment_82058433

I feel quite a few responses went off track.

silvercar

https://forums.moneysavingexpert.com/discussion/comment/82058590#Comment_82058590

That often happens when you don’t give full information and so people second guess. If you said the reasoning behind what you wish to do, then people may be able to suggest an alternative and far easier solution. People are only trying to be helpful by pointing out pitfalls eg you can gift a property to a sibling, but it may mean a CGT liability. The tax issue may be something you’ve never thought of.

Heedtheadvice

@Conrad3000 surely you can see the aim of posters pointing out the many pitfalls of trying to save a few thousand pounds doing a conveyance properly and with open eyes regarding the implications …

against doing it as cheap as possible and suddenly finding unexpected bills of possibly many thousands of pounds or worse that and a battle with HMRC and maybe local council for those involved. Then finding the original aim to help with any future purchase is negated anyway.

Sounds like your sibling might be/is already (unwittingly perhaps) in contravention of landlord legal duties if she owns the property you are currently living in.