Transfer of equity

Transfer of equity (or transfer of ownership) is the process for changing the legal ownership of a property between existing owners.

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Call us: 0161 475 7676

What we offer
Sensible advice that allows you to make informed decisions
Whether you wish to add or remove a person from the ownership of a property, or even change the person(s) entirely, we can help with all your transfer of equity needs.

 

Why might I wish to transfer equity?

Transfer of equity may be required for a number of different reasons, such as:

  • The current owners have separated or divorced
  • The current owner has passed away
  • The current owner gets married and wishes to change the property from a single to joint ownership
  • Adding a new partner or co-habitant to a property
  • Transferring equity as a gift

 

The transfer of equity process

The first step in the process is to gather all required documentation including information about the transfer of equity request and a copy of the Title Register for the property (this can be obtained from the Land Registry).

Your conveyancer will then:

  • Confirm the information provided is correct with the Land Registry
  • Review the title and property deeds
  • Prepare the deed of transfer documents to be signed by all parties
  • Check whether any Stamp Duty Land Tax is payable for your property

The next step is to obtain formal consent from all parties involved including mortgage lenders and any current co-owners of the property.

As soon as all funds have been paid and paperwork has been signed, the transfer of equity is complete.

 

How we work

Our conveyancing and residential property solicitors and conveyancers have a wealth of experience to ensure that your transfer of equity is in good hands. Our specialist team will make sure that the entire process is clarified to you before any work is carried out and that issues are fully explained to give you the peace of mind that all legal details have been covered for the transaction.

Our team is accredited by the Law Society’s Conveyancing Quality Scheme (CQS), so you can rest assured that a trusted conveyancer with the technical expertise and best practice skills will be with you to guide you through the transfer of equity process.

Whether you wish to add or remove a person from the ownership of a property, or even change the person(s) entirely, we can help with all your transfer of equity needs.

 

Why might I wish to transfer equity?

Transfer of equity may be required for a number of different reasons, such as:

  • The current owners have separated or divorced
  • The current owner has passed away
  • The current owner gets married and wishes to change the property from a single to joint ownership
  • Adding a new partner or co-habitant to a property
  • Transferring equity as a gift

 

The transfer of equity process

The first step in the process is to gather all required documentation including information about the transfer of equity request and a copy of the Title Register for the property (this can be obtained from the Land Registry).

Your conveyancer will then:

  • Confirm the information provided is correct with the Land Registry
  • Review the title and property deeds
  • Prepare the deed of transfer documents to be signed by all parties
  • Check whether any Stamp Duty Land Tax is payable for your property

The next step is to obtain formal consent from all parties involved including mortgage lenders and any current co-owners of the property.

As soon as all funds have been paid and paperwork has been signed, the transfer of equity is complete.

 

How we work

Our conveyancing and residential property solicitors and conveyancers have a wealth of experience to ensure that your transfer of equity is in good hands. Our specialist team will make sure that the entire process is clarified to you before any work is carried out and that issues are fully explained to give you the peace of mind that all legal details have been covered for the transaction.

Our team is accredited by the Law Society’s Conveyancing Quality Scheme (CQS), so you can rest assured that a trusted conveyancer with the technical expertise and best practice skills will be with you to guide you through the transfer of equity process.

Speak to a member of our conveyancing and residential property team on 0161 475 7676 or get in touch via our contact form

Speak to a member of our conveyancing and residential property team on 0161 475 7676 or get in touch via our contact form

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why work with us

Why choose SAS Daniels for transfer of equity support?

You will have your own dedicated legal expert to take you through the process. We keep you informed every step of the way so you know exactly what’s going on. Every member of our team is personable, professional and approachable.

Get in touch

Please fill in the contact form and one of our team will be in touch as soon as we can. Our working hours are Monday to Friday, 9am to 5.30pm.

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