Change of property ownership

[marsmonster]

How do I change the deeds of my house into my daughters name.?

[Ethel]

Is there a mortgage on the property?

[Ethel]

And just as importantly, is the property registered at the Land Registry?

If there is no mortgage, and it is registered, telephone your local Land Registry who will send you the relevant form and tell you the fee (�40, I think)

[marsmonster]

There is no mortgage and it is registered at the land registry

[jen78]

The site seems to be down at the moment but you can download the form from here...

http://www.landregistry.gov.uk/

If you go to the Forms Section, it's Form TR1.

There is also an office finder so you can find the right Land Registry to send it to.

The Land Registry now have identification requirements for people submitting transfers without legal representation so give them a ring and check what you need.

There is a practice guide which confirms what is needed so I will try and post a link when the site is back on line.

Depending on your age and situation, make sure that you have received the proper advice about transferring the property away with regard to funding for any future care you made need and the ramifications if you should be made bankrupt within 6 years after the transfer.

[Schutzengel]

More importantly, should you die within seven years of gifting the property to your daughter, it would still be counted as part of your estate, and could be sold and the proceeds added to your estate. If you are thinking this would be a way to avoid having to sell the house to pay for care, this doesn't work. It would be regarded as a deliberate attempt at avoidance. What ever the reason for wishing to transfer the property, you really need some sound advice from a solicitor.