Adding Wife's Name to Mortgage and Deeds

[CzechItOut]

I have had a couple of appointments with my mortgage company with regards to adding my wife's name to the mortgage. At the end of the last meeting he drops the clanger that we need to have the name changed on the deeds and this has to be done by a solicitor.

Quote from local solicitor to add wife's name to the deeds: £476

This is an eye-watering amount of money for what seems to be like an administrative update

Is there a cheaper way to do this?

[Sarnie]

Do you need to do it now?

If you wait till you next remortgage your conveyencer should be able to do and only charge you approx £150 extra to do it.....

[-Pete-]

When I took out a mortgage I was told I could transfer half of the house into my wife's name later, she still had a mortgage so I couldn't put it in joint names. What they didn't tell me is that this transfer would be eligible for stamp duty!

So to avoid paying stamp duty on half the house, we got our solicitor to create a 'deed of trust' giving her the same rights as co-ownership, but for a couple of hundred pounds.