Dear all,
1. I bought a new rental property with my wife. We are tenants in common with unequal shares (me 1%, her 99%). This was stipulated as we bought the property. Do we need to submit a Form 17?
2. We remortgaged an existing property, now becoming tenants in common with unequal shares (same as above). Do we need to submit a Form 17?
We have previously used a Form 17 when Joint Tenants and using a trust deed we assigned unequal beneficial interest. When now being tenants in common, I was hoping the unequal shares as declared as purchase/remortgage would be evident and no Form 17 might be needed, but I am happy to be corrected.
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