Ask an Property Solicitor. Get an Answer ASAP.
Thank you for your question
My name is Clare
I shall do my best to help you but I need some further information first
It would be helpful to understand why you wish to do this?
Will you be leaving the property or paying full rent for it?
How much is the property worth - and may I ask if you have been widowed or divorced
Just for clarity - you will not be living in the property and it is only your interest in it that you wish to gift to your children?
If you wish to transfer your share then you will need to be released from the mortgage - and replaced by your children (who must be over 18) in order for there to be a transfer of title.
If you cannot do that then you can sign a Declaration of Trust confirming that you hold your share of the property on trust for the children and not for you.
This is best done using a solicitor to ensure that you have all the evidence in place of the Declaration is ever queried
I hope that this is of assistance - please ask if you need further details