Nicholas Prendergast
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RE: Deed of assignment
I have two rental properties in my name only and owned outright (without mortgage attached). My understanding from your responses to the assigning of rental income to spouse is that; 1. My spouse can become a beneficiary of the rental income if a "Deed of Assignment" is completed and that 2. It is required for perusal by HMRC - however, only when a request is made This is clear thank you - My question is does the "Deed of Assignment" need to be executed by a solicitor - when I put the question online the response was no. Also when I contacted HMRC on 2/4/2024 I was told that my wife could only become a rental beneficiary if she had some equity in the rental property - which differs from this thread