• Is It Straightforward To Reassign The Percentage Ownership Of A House Which Is Currently Held By Joint Owners?

    By Guest on 28th Jul 2018

    My husband and I are joint owners (50:50) of an unencumbered property. We would like to legally re-adjust the percentage of ownership - to say 99:1 - to take advantage of the fact that I don't pay any tax at the moment and we are letting our house out so would like to take full advantage of my tax free allowance. Does this involved a change from joint tenants to tenants in common? Does it require a deed/declaration of trust? How tricky is this to do and, if it's too tricky to do ourselves, what type of professional do we need to help us? I've read so much online but still am finding it quite confusing.

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