: Being put on the property deeds of jointly owned house This is my conundrum. I bought a house 17 years ago with my brother. The problem we have is that I am not on the deeds. We bought the house as an investment property.

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Being put on the property deeds of jointly owned house
This is my conundrum. I bought a house 17 years ago with my brother.

The problem we have is that I am not on the deeds. We bought the house as an investment property.

I was not considered for the mortgage as I had just started as a contractor through my own company. This was also advice given by the conveyancing solicitor i.e. it's not necessary for you to go onto the deeds. Bad advice I feel.

So, only my brother's name was put onto the mortgage and, as such, onto the deeds.

I moved into the house when my marriage broke down in 2003 and have been here ever since.
Obviously, this is my primary residence and has been for nearly 16 years, as such I do
not wish to incur any additional costs i.e. CG when we come to sell the house.

We have just been in touch with the mortgage provider. They will not consider me to go onto the mortgage as I am living here and it is a BTL mortgage.

The only way forward, that I can see, is to pay off the mortgage and then put me onto the title using an AP1 and a TR1. Can anyone see a simpler solution, i.e. drawing up a retrospective agreement or can you see any problems that may arise with this approach?

I was also thinking of a Declaration of Beneficial Interest?

Any input would be gratefully received.

Thanks very much.

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