• Gifting Of A Property

    By Guest on 09th Jun 2020

    Hi,
    My mother is looking to gift her inherited property to me. I want to accept this gift into a limited company. Can you please advice on the process and fees involved.

  • 1 Answers

    By NotaryExpress on 10/06/2020

    Option 1 (DIY) - Form AP1, Form TR1, Form ID1 (costs about £200-£400)

    Option 2 (use a conveyancer) - Costs about £300+VAT. We are on 03333 122 221.

    Check with your accountant regarding any potential tax issues, for example SDLT is normally payable at market value on the transfer of a property into a company.

    www.notaryexpress.co.uk

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