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Form and fee query
Form and fee query
Posted
Sat, 22 Jun 2024 19:10:24 GMT
by
Robin & Sons
Hi,
Sorry, I posted this question in the forms forum but couldn't access it again, just wanted to post it here as well.
I’ve paid off the mortgage for my home and will be gifting the home to my wife. I know that I have to send in TR1, AP1 and ID1. Just had some questions:
1) Does the transferor (me) and the transferee (my wife) have to complete separate ID1 forms?
2) On the AP1 form, who is the applicant for panel 6, the transferor (me) or the transferee (my wife).
3) I’m confused as to how much I have to pay. For my purposes, if I send in a TR1, AP1 and one/two ID1s, how much would I have to pay?
Thanks,
Robin
Posted
Mon, 24 Jun 2024 08:37:56 GMT
by
Nimish Patel
Hi Robin - I will answer your questions using the number order that you have used:
1) Yes, we require evidence of identity for all the parties, unless someone is legally represented and the application is being submitted by the legal conveyancer.
2) The applicant would normally be the person applying to be entered on the register, i.e. your wife in this instance.
3) The registration fee for a transaction where no money is changing hands, i.e. gift, is calculated on Scale 2 of our Fees order on the current market value of the property - https://www.gov.uk/guidance/hm-land-registry-registration-services-fees#scale-2-fees
Hope this helps.
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