You’re offline. This is a read only version of the page.
Skip to main content
GOV.UK
Sign in
Home
HMLR Transactional Support Forum
Fees
Not sure on the fee
Not sure on the fee
Posted
Wed, 10 Jul 2024 08:09:50 GMT
by
David White
Hiya
My parents were tenants in common on a property worth £440,000.
My mother has left me her half of the house in her will.
I've been advised to fill in TR1 and AP1 - but I can't see anywhere that definitively tells me what fee I should be paying. I'm presuming it's scale 2 fees - but is it £100 or £45? I'll be making a postal application.
Thanks
Posted
Wed, 10 Jul 2024 10:31:38 GMT
by
Adam Hookway
Hi David - I assume your Mother has sadly passed away and the intention of your Father/You is that the property is transferred into your new joint names. If so then the fee is payable under Scale 2 on half the full market value.
Complete form AP1 panel 4 to refer to the 'Full market value £X" and pay the appropriate Scale 2 postal fee.
Posted
Wed, 10 Jul 2024 11:06:56 GMT
by
David White
Hi Adam
Yes, she has passed away unfortunately.
So looking at the scale 2 fee - half of £440,000 would be £220,000, so I assume the fee is £100 (by post?) Is that the whole fee? Nothing else to add? The intention is indeed to transfer it to my father and I.
Thanks
Posted
Wed, 10 Jul 2024 11:22:10 GMT
by
Adam Hookway
Hi David - £100 is the correct fee. You can only apply by post
You must be signed in to post in this forum.
Sign in