My wife and I own a BTL property as Tenants in Common in unequal shares. In preparation to selling, I want to change this to equal shares to maximise our CGT allowance. Either to Tenants in Common but 50:50, or to Joint Tenants (not sure if it matters for this purpose).
I don't know what this is called in order to easily get quotes and I'm not sure I explained it well because when I mentioned it as an additional item to two conveyancers who quoted for the sale, one seemed to tell me £50 and the other £1000, but neither seemed like they really understood and I don't think it's that niche.
It should be a simple thing to do, has anyone done similar when selling a BTL for instance?
I don't know what this is called in order to easily get quotes and I'm not sure I explained it well because when I mentioned it as an additional item to two conveyancers who quoted for the sale, one seemed to tell me £50 and the other £1000, but neither seemed like they really understood and I don't think it's that niche.
It should be a simple thing to do, has anyone done similar when selling a BTL for instance?
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