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Gifting share of house to 3rd daughter
Gifting share of house to 3rd daughter
Posted
Fri, 29 May 2026 20:08:02 GMT
by
Michael Pearce
Two of my daughters and I purchased a property last year as tenants in common equal shares (1/3). No mortgage. My third daughter was buying her own home as a first time buyer so for Stamp Duty reasons I had her share. I now wish to transfer my 1/3 to her as a gift, no money involved. On the TR1 do I only include my name as the Transferor and only daughter 3 as Transferee OR do I need to include daughters 1 & 2 somehow? Also I believe I need an ID1 but is any formal id needed for daughter 3? Thanks in advance for any advice
Posted
Sat, 30 May 2026 05:08:23 GMT
by
Adam Hookway
Michael - the current registered owners are the Transferors and the legal ownership is always transferred as a whole. ID1/ID3 are needed for the Transferors and Transferees
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