Alright guys, 
  
I've been searching on the Internet but couldn't find a definitive answer .. 
  
Since buying the Zed, it's been registered to my dad on the V5 as it was considerably cheaper to ben insured as a named driver .. 
  
It's come to renewal time again while searching for a new policy I've found there isn't much difference to have it insured with me as the Policy holder ... 
  
So my question is this: Is there any way to transfer the ownership of the car, without adding an extra owner on the V5? 
  
Thanks!