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Posted Tue, 04 Feb 2025 20:41:43 GMT by David Burrows

My wife and I were tenants in common owners of our property, no mortgage. On her death last year, her 50% share went to our son. I am now completing TR1 and AP1 to transfer ownership to myself as the surviving owner and our son as the beneficiary. We will remain tenants in common. On TR1 panel 12 I am both transferor and transferee; my son is transferee. On AP1 panel 6 my son only is the applicant. I am submitting the form so my name is in Panel 7. Panel 9 the address for service is the current address (box3), my son and I are both listed in Panel 14. I will send the forms by post as I am not a business customer with the fee on scale 2 ("by post" column in the table according to the value of my late wife's part share) together with the Grant of Probate and Evidence of Identity provided by a conveyancer for both my son and I. Is that all correct? Thank you.

Posted Wed, 05 Feb 2025 07:40:36 GMT by Adam Hookway
David - you can only transfer the whole of the legal title so you are both the Transferor and one of the transferees. Both your names should be added to panel 6 of form AP1 as you will both be appearing on the register as the owners.
The scale 2 fee is based on half the current market value of the property. Complete panel 4 of AP1 to refer to 'Transfer not for value' - 'Full market value £X' and pay the correct fee on half that amount 
Remainder appears to be correct 
Posted Fri, 07 Feb 2025 10:36:07 GMT by David Burrows
Many thanks for the reply. Information in other threads on this forum has also been very helpful.

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