• Freehold Transfer To The Two Leaseholders

    By Guest on 17th Jul 2017

    I own the freehold of a house that has been converted into 2 flats, each with a 200 yr lease. I wish to give for no consideration/money the freehold to the two leaseholders, so that they may share the freehold. Can this be done by completing the forms as per gifting description ? Or are other forms required?

  • 2 Answers

    By Guest on 23/07/2017

    Hi,

    A simple TR1 submitted to Land Registry with application form AP1 and ID1 forms for each party will do the trick

  • By Guest on 24/07/2017

    Thank you. I spoke to Land Registry who explained as you have said with the exception of ID1 if the value of transaction was less than £6000.

    Thanks again for your reply, Forms now completed

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