Change name on house deeds

[chas2008]

my wife will be left a 1/3 share of a house in someones will, whats the procedure when the time comes to change the title deeds ?
I assume a solicitor would have to be involved..

[TonyV]

depends on what will says

[woofgang]

I would assume that the executor would deal with it and any fees would come out of the estate.

[chas2008]

i leave my 3rd share of the property (address) to my daughter (name) ....pretty straight forward really

[woofgang]

Same comment, the executor should deal with the transfer and the fees should come out of the estate.

[Buenchico]

There's no need for the executor(s) to use a solicitor but they might choose to do so if the information obtained from the links below leaves them confused!

As others have said, any expenditure involved in transferring the title to the property should be met from the testator's estate.

See this link for the relevant document from the Land Registry:
http://www1.landregis.../public_guide_009.pdf

To download any of the forms referred to there, start here:
http://www.landregistry.gov.uk/
Click on 'Forms/Publications', at the top left, and then on 'Forms'.

Chris

[Rodge2]

Thank you Chris and to Chas for posting this. I was about to get a solicitor to transfer my mothers house to the names of the will beneficiaries and didn't realise I could do it myself.

[humpy07]

Hi Rodge,

The standard Land Registry fee will apply to the transaction, and I believe you will need to Assent (Form AS1) the property as opposed to transferring it (TR1). Do the beneficiaries want the property in their name, or do they want it sold and simply receive the proceeds? If the beneficiaries already own properties, there will be capital gains tax issues to deal with, when they subsequently sell.

[Rodge2]

Thanks a lot for the detail humpy, very useful. I don't get probate until August so a bit sidelined at the moment. The beneficiaries (myself & my sister) want the house in our joint names. As for the future sale - possibly in a few years - the situation is that my sister owns her house but I don't own any property. I have been wondering how this would go with capital gains tax. Will the Revenue just tax half of it I wonder, or will I be taxed as well, since she's a home owner? Any advice greatly appreciated. Thanks.