• Gifting Half Of House To Daughter

    By Guest on 08th Feb 2017

    I would like to gift half my house to my daughter. She currently lives in the property with me and we already share all the bills including the mortgage repayments. Could you advice me how I would go about doing this?

  • 1 Answers

    By Guest on 08/02/2017

    If you have a mortgage then the first step is to approach the lender for consent. They are not obliged to consent and will probably require her to become jointly responsible for the mortgage. The next step (or the first step if there is no mortgage) is to instruct a solicitor to deal with the transfer. The transaction is known as a "transfer of equity".

  • Post Your Answer


  • Do you want to be informed of further comments / replies? Yes No

Ask a Question

Search