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Hi, thanks for your enquiry. As regards ***** ***** ownership, do you own a share in the Management Company who owns the Freehold or is the Freehold owned in your personal name with someone else? Do you have a Mortgage over the Flat? Kind Regards Al
Hi, thanks for your reply. You will need to instruct a local Conveyancing Solicitor to prepare a Land Registry Transfer document, transferring the Flat Lease interest into your 3 names. Once signed the Transfer is then registered at the Land Registry. Your Solicitor will also need to check the terms of your Lease to see what is required for your children to become members of the Management Company. This would normally involve him serving Notice on the Management Company's Secretary and he will issue a new share certificate (if the Company is limited by shares) or if the Company is limited by Guarantee, your 2 children will automatically become members. Your Solicitor is likely to charge you approx. £400 plus VAT for dealing with this work and the Land Registry fee will be between £20-£80 depending on the value of the Flat. I hope this assists, and if so, please would you be kind enough to rate my answer. If you require any further clarification, please let me know. Kind Regards Al
Hi, can I assist you any further? Kind Regards Al