HMRC Admin 11
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RE: Declaration of trust, sole owner property
Hi sundhillon123,
In respect of the first part of your further question I can confirm that the first part is correct as per our previous answer. In example, No requirement for a Form 17 or submission of a Declaration of Trust.
In respect of the joint ownership of a property please refer to the guidance held at:
Joint property ownership
TSEM9814
PIM1030
If the rental property is held in joint names then a Form 17 election and a Declaration of Trust would need to be submitted to HMRC.
Thank you for your question.