I purchased a property in 2008 with a friend for the value of £177k. We borrowed the deposit of 5% from a family member.
However now I am looking to transfer the deeds of the property from my friend and I to myself and my Wife. I will also be buying the family member out as well by giving them the original investment back with the intention of having full ownership of the house with my wife.
Could anyone please advise of the cost implications of this if you have had this done recently...
Thanks
However now I am looking to transfer the deeds of the property from my friend and I to myself and my Wife. I will also be buying the family member out as well by giving them the original investment back with the intention of having full ownership of the house with my wife.
Could anyone please advise of the cost implications of this if you have had this done recently...
Thanks