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Inderdeep
Inderdeep,
Category: Property Law
Satisfied Customers: 160
Experience:  Expert
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My wife and I. Have payed our mortgage on our property.and

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My wife and I. Have payed our mortgage on our property.and would like to sign deeds of the property to our3 children .we will be living in the property for the rest of our lives. Is it a straightforward task to do.
JA: What steps have you taken so far? Have you prepared or filed any paperwork?
Customer: No
JA: Where is the property located?
Customer: Liverpool
JA: Is there anything else the Lawyer should know before I connect you? Rest assured that they'll be able to help you.
Customer: No the children are well aware what we want to do

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Customer: replied 10 days ago.
Ok thanks

You can do a transfer (TR1) to your three children with a deed of gift. I would also advise having an agreement/tenancy/lease in respect of living there just to protect you in the event of anything happening in the future.

I would advise instructing a solicitor to assist this.

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