Transfer of Property or Equity

Need to change the legal ownership of your property? We’re here to help.

To speak to someone regarding the transfer of property or equity, please contact us using the link below.

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Why would I need a transfer of property or equity?

There may be several reasons why you would need to change the legal ownership of your property.

You may need to transfer your property or equity following divorce or separation, or you may need to transfer your property from joint names to a sole name, you may wish to transfer legal ownership from a sole name into joint name following marriage. You may have been advised by your accountant or tax planner to transfer a share of the family home into the name of a child or other family member.

Once you have instructed a solicitor, the process varies, depending on whether you are transferring the property from joint names to a sole name or vice vera.

To speak to someone regarding the transfer of property or equity, please call us on 01244 312306.

Joint Names to Sole Name

Once you have instructed us, we will request from the Land Registry an Official Copy of Register of Title which will assist us in preparing the necessary Transfer.
The Transfer will need to be signed by both owners in the presence of independent witnesses.
If there is a mortgage over the property, you will need to write to your Lender and explain the circumstances. The Lender may refuse to remove an owner from the mortgage. This may happen if they do not believe that the sole owner is financially able to keep up with the mortgage repayments on their own.
We will draft the Transfer deed in accordance with the Lender's requirements.
We will then evaluate the transaction and determine whether any stamp duty is payable. If so, we will prepare the necessary documentation.
Finally, we will proceed to register the Transfer with the Land Registry. Once the title is registered, we will supply a copy to you and send the original document to your Lender (if this is applicable).

Sole Name to Joint Names

Once you have instructed us, we will request from the Land Registry an Official Copy of Register of Title which will assist us in preparing the necessary Transfer.
The Transfer will need to be signed by both owners in the presence of independent witnesses.
If there is an existing mortgage on the Property, and the new owner is being added to this, the existing owner will need to notify their Lender and a mortgage offer will be issued. After receiving a copy of this offer, we will report to you. We will need to insert a clause into the Transfer confirming that the new owner will also be liable under the terms of the mortgage.
We will draft the Transfer deed in accordance with the Lender's requirements.
We will then evaluate the transaction and determine whether any stamp duty is payable. If so, we will prepare the necessary documentation.
Finally, we will proceed to register the Transfer with the Land Registry. Once the title is registered, we will supply a copy to you and send the original document to your Lender (if this is applicable).

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Transfer of Property or Equity

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Why would I need a transfer of property or equity?

Joint Names to Sole Name

Sole Name to Joint Names

Key contacts

Viv McGreary

Tracy Stanton

Sheena Griffiths

Sean Robinson

Lisa Aston

Laura Corrigan

Katy Schofield

Jo Scott

James Samyeli

Gary Carr

Elan Rimmer

Dawn Davies

Dan Braden

Chris Williams

Bronwen Hutchinson

Brittany Evans

Anita Gillam

Alistair Robertson

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