RE: Re: [OT] Cherished Numbers

["Malcolm Surgenor" <malcolm@xxxxxxxxxxxx>]

thanks Roger, that's very helpful.  I think I need to be even more
cautious!


Malcolm





_____

From: ukha_d@xxxxxxx [mailto:ukha_d@xxxxxxx] On Behalf Of
Roger Sibley
Sent: 13 December 2006 20:17
To: ukha_d@xxxxxxx
Subject: [ukha_d] Re: [OT] Cherished Numbers



Malcolm,

If the number is currently held on a retention certificate (V778),
this is "owned" by the grantee. The number can be assigned to any
vehicle registered in the name of either the grantee or a nominee.
The grantee can add a name (eg you) as a nominee, but the nominee
technically has no rights to the retained number. The V778 can not
be transferred into another name, the only way to change the name is
to assign the number to a nominee's vehicle.

If the number is currently on a vehicle, and you wish to assign the
number to your vehicle, the seller will have to apply for the number
to be transferred using form V317 along with documents (V5, MOT etc)
for both vehicles.

If the number is currently on a vehicle and you don't wish to put it
on your vehicle immediately, the seller will have to apply for a
retention certificate using form V778/1. The retention certificate
will then be in his name, and only he (as grantee) has rights to the
number although it can be assigned at a later date to any vehicle
registered in the name of a nominee (see above). The other option in
this scenario is to register the seller's vehicle in your name
(effectively for you to buy the car), this will then get it into
your name, you can then apply for the retention certificate which
would then be in your name.

Personally, I would be nervous doing anything other than
transferring the number to my own vehicle unless the seller is
someone I could trust.

Hope this helps,
Roger

.

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