Leaseholders -
Yes, you can usually add or remove a person from your lease. For example, if you get married or you split with your partner.
The process depends on whether you're a homeowner or a shared owner.
To add or remove someone from your lease:
Ask your solicitors to contact us at [email protected], ensuring they include your full name and address.
Once we've received our fees, we'll issue you with a notice of transfer.
If you are also changing your mortgage, we'll issue a notice of transfer and charge.
Our solicitors will supply a transfer of equity if it's required (which is a change in the co-ownership status of a property).
You or your solicitor must then send these to the Land Registry.
Check the admin fee for issuing a notice of transfer.
Shared owner -
Yes, you can usually add or remove a person from your lease. For example, if you get married or you split with your partner.
The process depends on whether you're a homeowner or a shared owner.
If you're a shared owner you can only add someone to the lease if they're eligible for shared ownership too. Before we can add them, we'll have to assess if they qualify. You can check the eligibility criteria on the Gov.uk website.
To add or remove someone from your lease:
Ask your solicitors to contact us at [email protected], ensuring they include your full name and address.
We'll direct them to our solicitors.
Once the solicitors have received their fees, they'll produce a notice of transfer.
If you are also changing your mortgage, you'll need to get consent to remortgage and we'll issue a notice of transfer and charge.
Our solicitors will supply a transfer of equity if it's required (which is a change in the co-ownership status of a property).
You or your solicitor must then send these to the Land Registry.