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Posted Thu, 15 Aug 2024 14:40:55 GMT by muhammad Esa
Hi, 

I was looking for some guidance as to which forms I need to submit if i can be assisted please. 

I am seeking to transfer ownership of a property currently in my name to four family members and to transfer ownership of another property into my name.

Thanks

 
Posted Thu, 15 Aug 2024 15:28:35 GMT by Adam Hookway
Hi Muhammad Esa - 

To transfer registered land or property you will need to send us:

Application form in Form AP1.This guidance will help you complete this form correctly. There is also a "Youtube" video which may assist you.

Form TR1 should be used where the whole of the land or property is being transferred (including shares in the property). Guidance is available to help you complete the Form TR1 correctly there is also a "YouTube" video on completion of TR1 which may assist you. 

Evidence of Identity is usually required for all parties to the transaction unless they are represented by a conveyancer. See Practice guide 67: evidence of identity for more information and the options available to you.

Fees to register the transfer deed. Our fee order contains guidance on all our fees which are based on the value of the property or the share being transferred. To work out what you need to pay for your application, you can use our fee calculator tool available on our fee order page. Cheques or postal orders are payable to HM Land Registry.

Even if no money is changing hands, you should contact HMRC and check your responsibilities in respect of Stamp Duty Land Tax (England) or Land Transaction Tax (Wales). HMRC will provide you with a "Land Transaction Return Certificate" or submission receipt which should be sent to us with your application.

You may also wish to read our Blog on "Conveyancing: solicitor or DIY" for further information.


Where to send your application:

HM Land Registry address for applications.

Posted Mon, 19 Aug 2024 12:06:14 GMT by muhammad Esa
Thank You for the quick response. 

Do I not need to complete ID1 or ID3 forms? is it just the TR1 and AP1?

Furthermore, can i have a bit more guidance on the fee's involved. I have tried to use the free calculator however struggling to find the correct option on the drop down for the type of transaction required in this case. 

30 keswick is valued at £100k and 32 keswick valued at £120k. Both are mortgage free and no money is to be exchanged. 

Thanks again. 
Mo
Posted Mon, 19 Aug 2024 12:28:33 GMT by Adam Hookway
Muhammad - yes you do as per the guidance provided
Re the fees it's Scale 2 on the value/share being transferred - see the examples provided and link them to the two transfer scenarios as appropriate

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