DP, our DCs and I are moving. I have owned the London flat we currently live in for a long time, and have seen the price more than double.
We're moving out of London, and buying a house with the proceeds of the flat, so we'll be living mortgage free.
I want to put DP's name on the new property too. I want to do this as we're not married - (planning to do so but not for some years), and I want him to have the security of his name on the house. I also want him to feel it's his house too.
(I feel I have sound reasons for wanting to do this, which I won't go into right now.)
Putting aside all the "don't do it" arguments (which won't change my mind, honest!) I just wondered if there is anything I need to know from a financial / legal point of view?
If we add his name to the deeds, will we get a surprise tax bill perhaps (capital gains?). We're using a conveyancer who turns out to be pretty useless, and I'm not getting the level of advice I'd like, so I though I'd ask the wisdom of mumsnet!
Does anyone know if we can just do this or is there legal / financial stuff we should be aware of?
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Putting "my" house into both names - what should I know?
31 replies
apartridgeinapeartree · 09/11/2012 13:53
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