SEVERANCE OF JOINT TENANCY
There can be situations (for example when making a Will) when the co-ownership of your home needs to be checked.
There are different ways in which people can co-own property, and this is likely to have first been established when you purchased the property.
It can easily be established how you co-own your home, by the checking of your deeds. If it found that you own the property as joint tenants (this means the property passes automatically to the other owner when one person dies) this can be converted to tenants in common (this means you each own your own divisible share of your property) if necessary.
We aim, so far as possible, to have fixed fees for the severance of a joint tenancy and associated matters and the following is a guideline of expected costs:-
Severance of joint tenancy £100