Transfer of Property
Discussion
Afternoon,
Mr and Mrs Porsche are unfortunately going to divorce. As part of the settlement she is taking several properties and i one.....
We are sharing the costs of these transfers, but the quote we have at £800 per property seems excessive.
The HM Land registry websites you can do it with a simple forms and a modest fee.
Has anybody done this, is it possible to do yourself ?
I deem myself of average intelligence .. is it beyond me to complete these ?
Thanks.
Mr and Mrs Porsche are unfortunately going to divorce. As part of the settlement she is taking several properties and i one.....
We are sharing the costs of these transfers, but the quote we have at £800 per property seems excessive.
The HM Land registry websites you can do it with a simple forms and a modest fee.
Has anybody done this, is it possible to do yourself ?
I deem myself of average intelligence .. is it beyond me to complete these ?
Thanks.
Firstly there are way more qualified people on here to advise but £800 per property is taking the mickey.
Assuming the financial elements, the people and the conditions are identical for all 4 (?) properties it should be full price for 1 and cut and paste for the others at reduced rates
I've just transferred some property - it needed 3 forms - ID1, TP1 and something else1. Conveyancer wanted £1200 to do these 3....... It cost me £44.58. £40 for LR fees and a beer for a (qualified) mate to countersign my ID1.
Obviously each 'case' differs and I'm not undervaluing the great work CONveyancers do but a blanket "£800 per" stinks of jumping on the fleece wagon....
You situation is more complex than my example.
Assuming the financial elements, the people and the conditions are identical for all 4 (?) properties it should be full price for 1 and cut and paste for the others at reduced rates
I've just transferred some property - it needed 3 forms - ID1, TP1 and something else1. Conveyancer wanted £1200 to do these 3....... It cost me £44.58. £40 for LR fees and a beer for a (qualified) mate to countersign my ID1.
Obviously each 'case' differs and I'm not undervaluing the great work CONveyancers do but a blanket "£800 per" stinks of jumping on the fleece wagon....
You situation is more complex than my example.
But you will pay 200 an hour to have the car fixed
You can do it yourself but you can fix your toilet yourself if you want to
Seriously tho for simple transactions pick your lawyer
You don’t need the expensive chaps for this
Small town small firm but by recommendation will be fine
Plus if it’s cocked up you can sue or complain
You can do it yourself but you can fix your toilet yourself if you want to
Seriously tho for simple transactions pick your lawyer
You don’t need the expensive chaps for this
Small town small firm but by recommendation will be fine
Plus if it’s cocked up you can sue or complain
My 2 sons owned a large flat together, younger one is moving out to buy a property with girlfriend, eldest is fortunately in a position with a bit of extra mortgage and cash to buy him out, all completed last week, total bill was £430 so I would say £800 per property sounds high, especially if solicitor is handling several transfers for you. Have punt around, that’s what sons did, an amazing difference in quotes, one wanted £1200!!! And this was in Hertfordshire, so not a cheap part of the world when it comes to anything connected with property
twokcc said:
solicitor charged me about £240 to transfer share of house to daughter. at beginning of pandemic and wanted doing before tax year end. Though it was bit over top at time but hopefully second part transfer to son will just be a duplicate and be cheaper. No mortgage on property.
So when complete, son and daughter can agree to sell the house, keep the money and render you homeless. (I am a self confessed pessimist)I have done transfers several times myself including selling a low value building to a 3rd party.
It is not difficult and the land registry are very helpful ( they have an in person section ).
I assume these are not mortgaged?
If you are not a lawyer then you have a pretty rigorous Id process to go through ( Fair enough ).
The only downside I found was it is slow. Lawyers i believe have online access. As a punter you are in the paper system which works fine but it is slow.
It is not difficult and the land registry are very helpful ( they have an in person section ).
I assume these are not mortgaged?
If you are not a lawyer then you have a pretty rigorous Id process to go through ( Fair enough ).
The only downside I found was it is slow. Lawyers i believe have online access. As a punter you are in the paper system which works fine but it is slow.
If they have mortgages on then I suspect the mortgage companies will require a lawyer involved to gtee good title. Even if you could do it I imagine it will get complex. Transfer of equity is not that expensive with lawyers so I doubt it is worth the hassle.
France will be a whole new can of worms and unless you know the system and are fluent in french i suspect you are into a losing battle.
Your ex wife may also have views about diy conveyancing and given trust is likely to be low ( was for me ) slinging money at the problem maybe a better solution.
France will be a whole new can of worms and unless you know the system and are fluent in french i suspect you are into a losing battle.
Your ex wife may also have views about diy conveyancing and given trust is likely to be low ( was for me ) slinging money at the problem maybe a better solution.
mrporsche said:
Afternoon,
Mr and Mrs Porsche are unfortunately going to divorce. As part of the settlement she is taking several properties and i one.....
We are sharing the costs of these transfers, but the quote we have at £800 per property seems excessive.
The HM Land registry websites you can do it with a simple forms and a modest fee.
Has anybody done this, is it possible to do yourself ?
I deem myself of average intelligence .. is it beyond me to complete these ?
Thanks.
I am a lawyer but I don’t undertake my own conveyancing.Mr and Mrs Porsche are unfortunately going to divorce. As part of the settlement she is taking several properties and i one.....
We are sharing the costs of these transfers, but the quote we have at £800 per property seems excessive.
The HM Land registry websites you can do it with a simple forms and a modest fee.
Has anybody done this, is it possible to do yourself ?
I deem myself of average intelligence .. is it beyond me to complete these ?
Thanks.
This transfer is part of your divorce settlement - I strongly recommend you pay someone to do it as you then have somebody to lean on if things go wrong further down the line.
If both parties are advised on the transfer then it is much more difficult for them to challenge at a later date.
If it is DIY then your soon-to-be ex will have a field day.
Spend some money now and save tens of thousands later. By all means try to negotiate fees but do not DIY it.
Are you using your divorce lawyers?
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