Buying a Property in Trust for our son – Land Transaction Return FormMake Text Bigger
We are in the process of purchasing a property for our son and are using a Discretionary Trust with a Life Interest for him to do so.
We have exchanged contracts and our solicitor has sent us the completed Land Transaction Return Form (SDLT 1E) for signing. However, he has entered our son’s details as the Purchaser. In my mind, this would register the property in his name and defeat the object of the Trust?
I think it should contain the Trust name and UTR number instead with my wife and I signing as Trustees (Sections 49 – 73 if anyone knows them that well).
Are there any solicitors or someone with experience of doing this that can confirm either way please?
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