Form filling is no problem.
Property is worth about £450K or less.
I have downloaded the Forms but pretty confuse as the property is jointly own.
Do you just put my sister in law or including me as well.
If it is just my sister in law then it will be my wife. If it is joint, then it will be joint.
9. Transferor transfers with:
Full title guarantee or limited title guarantee. Must be FULL.
What do I put there as it is a joint property ownership.
11 Disclosable overriding Interests
Should be N/A
Please conform whether I am correct or not.
Last two questions:
Q11. Additional provisions
Can we put the Declaration of Beneficiary Interest so that the Land Registry knows that it is just a change in name to the correct name.
Q4 Application, priority and fees
What do I put in each column and the amount of Fee due.
Checked the website and still confuse. 50% of the estimated market value or nothing.
I have a look at the fee scale but seems very confusing:
Am I on Scale 1 or Scale 2?
It is based on value on an open market. As it is just part of the property, surely the fee is based on part of the transfer. Example £400K (Full value) the fee will be based on £200K (50%) of the transfer. Is that correct?
Many Thanks for your prompt answers.
Thank you very much for your kind assistance.