I am sorry, but this is not a chat service. It’s an email reply board and therefore there may be a delay getting back to you because we have clients and travelling and other users to deal with. I did warn you there may be a delay, when I replied to you earlier at 1:52
Sometimes we will get back to you in minutes, other times it will be longer.
Compared to trying to get a reply from a solicitor that can be days or even weeks, an hour or a couple of hours delay is nothing in the whole scale of things. I’m afraid it’s unavoidable because we have travelling in clients and other users and as you appreciate, it takes time to write out an answer.
The section refers to legal interest and beneficial interest.
The legal interest will either be joint tenants or
equitable interest: tenants in common and if it’s tenants in common whether it’s in equal shares or different shares.
Beneficial interest is the financial interest.
So you would have a legal interest in the marital home of 100 percent as joint tenants, with the beneficial interest of £%
and for the other property, if it’s joint names you have a legal interest of 100 percent as joint tenants with the beneficial interest of £0% if you claim no interest in it.
It isn’t possible to split the legal title so you would both own 100 percent of the legal title.
Can I clarify anything else for you?
I am happy to answer any specific points arising from this.
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