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Hello, I am one of the experts on Just Answer and pleased to be able to help you with your question.
Is the property your son occupies registered with the Land Registry?
You can use a Land Registry Transfer for a modest fee. That is the quickest and easiest way using their form.
I think from long that you will find it easier to ring me. I am on 01750 725420, but please not for half an hour.
I think we covered everything in the telephone call.
You will be liable to Capital Gains Tax (CGT) on the notional gain made on disposal. This will be the difference between the acquisition price plus costs plus improvements and the current market value as at the transfer date. You have a non cumulative Annual Exempt Amount (AEA) currently 12K, to offset this gain and from what you said it will probably be minimal anyway. CGT is at 18% or 28% or a combination of the two rates depending on your income incliding the gain in the tax year of sale.
Thank you for your support.