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Hi, could you please clarify exactly what you want to do. Do you wish to transfer a part of your property to a third party? Andrew
I am happy to chat online.
Could you please confirm that the property is owned by 2 people (let's call them A nd B) and the property is to be transferred from A and B to B and C?
Thanks. Well, you will need to have the Land Registry document called a TR1 to be prepared and signed by all parties, including A. This is because the legal ownership o the property is changing an hence all current owners need to sign.
If you are not familiar with Land Registry procedure, I would recommend that you instruct a local Conveyancing Solicitor to prepare the TR1 and get the document registered. He is likely to charge £350 plus VAT and there will also be a Land Registration fee to pay of £20-£80 depending on the value of the property.
I hope this helps and if so, I would be grateful if you could leave feedback with 4 or 5 stars before you leave the site today. I am then happy to answer any follow up question.
Kind Regards Andrew
Thanks. If you could rate my answer formally by clicking on the stars at the top of your screen, that will then enable me to get credited for my time.
All the best.
Great, thank you.
All the best