Martin Richardson

Brilliant, thank you for clarifying it, Admin25.

Hi, my wife and myself have held property beneficially under trust deed for some years, 99%/1% respectively, and declared to HMRC with Form 17. The property is owned as tenants in common. We now wish to return to 50%/50% ownership, however reading the Form 17 notes it states that it should only be used to inform HMRC of an unequal split. Therefore, should we just go ahead and prepare a new trust deed and not worry about having to inform HMRC? By the way, Land Registry have told me they have no interest in the percentage ownership, only that there is a deed to support the tenants in common restriction. Thanks, Martin.