Selling share on holiday home

We bought a holiday home with family friends but they now wish to sell their share. What are the formalities involved to transfer full ownership to us?  A.F.

The formalities depend on whether the property is owned via an SCI (a fiscally transparent property-owning partnership) or in your individual names (en indivision).

You do not mention an SCI so we assume you own en indivision, which equates to owning as ‘tenants in common’ under English law. Sales between co-owners are ...

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