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Good afternoon, can i check whether there is also a mortgage on the property or just the loan to your partners dad?
In which case yes it is absolutely possible for you to both to become legal owners. Your partner would enter into a transfer of equity to transfer her 100% share to be split 50/50 between you both.
At the same time request the solicitor you instruct you draft a Declaration of Trust for you both. This Deed can stipulate all the bullet points you have listed in as much detail as you would like so that each of yours shares are protected as you wish.
It would be possible but then you are less protected. Even though being a beneficial owner guarantees you your investment legally - it would be a legal battle to enforce this if there were any disputes. Whereas if you were a joint legal owner she physically could not make any decisions to the property without you.