• What’s The Process For Transferring My Share Of My Joint Owned House To A Relative?

    By Guest on 28th Jun 2019

    I am in a joint ownership with my wife for our current house. There is mortgage still on the house but I would like to transfer my share to a relative. (Changing the ownership of my half of the house to the said relative). Could you give advice on the process of this please? Thank you.

  • 1 Answers

    By Guest on 29/06/2019

    If you own as Joint Tenants you would need to sever your interest with a Notice of Severance to become Tenants In Common. You can then transfer your interest.

    However, the lender likely has a restriction preventing transfer so you would need their consent to do so.

    www.notaryexpress.co.uk

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