Deed of Gift

[foxwoods]

My parents are elderly and own their home. There is no mortgage and no finance on the property. They want to sign it over to me by Deed of Gift. Can this be done directly with the Land Registry? I have heard that it's possible to take out insurance against the 7 year rule. Is this true and does anyone know how much it would cost?
I'd very much appreciate any helpful information.

[dzug]

It can be done simply by filling in land registry forms and paying the fee.

The insurance you mention will depend on their age(s) and state of health - ask an insurance broker.