Ashley

If I sign over all beneficial interest with no clauses or conditions l, does that negate the risk of settlement legislation? Thanks

Hi thank you, but the property isn’t joint ownership, I’m the sole owner and the income will be assigned via a deed of assignment. Do I need to retain an element of beneficial interest to reclaim tax against the service charges etc? Or can these costs be assigned too? Kind regards

Thank you for your response. The service charges for the property etc are in my name, do I need to retain a share of the income to claim relief for these or can these costs be passed to my girlfriend as well? Also if I have to retain a percentage say 1% can I claim relief against 100% of the cost? Thanks

Hi We currently live in a property that I solely own. I looking to buy a house to move onto with my girlfriend. I want to assign beneficial interest in the flat that we live in today my partner (not married). Then when we move the flat is maintained and she receives 100% of the income. Do I simply draw up a deed of assignment as she current has no legal interest in the property. Also from CGT point of view there will be no consideration and it’s currently our home so will this negate any CGT implications? Thank you