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Transfer house from joint ownership into single ownership

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  • Transfer house from joint ownership into single ownership

    Our house is currently in joint names, husband and wife, is it possible to transfer the house into single person ownership, there is no mortgage involved? If so roughly how much would this cost and is it a lengthy process?

    Regards Tim

  • #2
    Hi, yes, it is possible, but is not cheap as like any change to deeds of a property it has to be done via a Notary. This is a dissolution of ownership and the costs are related to the price you paid when you bought the property (1.2% tax, 3% retention on half of the value). There is also solicitor´s costs and Notary and Land Registry costs (approx 3,000€ for these). In some cases, there is also plusvalia to be paid by the leaving party, this can vary. This situation is quite complex and I suggest you contact our office directly and we can talk you through it and give you a quote.

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