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Does the property have a mortgage?
Great, you will need to complete the following form:
Here is some guidance on how to complete the form:
Once the form is completed you will need to send it to the following address:
HM Land Registry Citizen CentrePO Box 74GloucesterGL14 9BB
Is there anything else I can clarify for you?
You have to pay a fee to effect the transfer. This is calculated based on the value of the property under scale 1 fees. Please see link below to the fee scale:
You will also need to submit this AP1 form together with the TR1:
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Please could you clarify. What do you mean by "count on a will"?
When you gift a property, the title register will be updated so therefore you wouldn't mention it in a will as it does not form part of the estate. Agreed?
There are of course IHT implications that should be considered and I provide a link to this information below:
Will that be all?
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