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TRANSFER OF EQUITY SOLICITORSÂ
What is a transfer of equity?
Transfer of equity is the name given to the legal process of changing the legal ownership of a property, either to add or remove someone from the title, and can be done for a variety of reasons. Whether buying an ex-partner out of a property or adding a new partner, as part of estate planning or for tax reasons, it is important to speak to an expert legal adviser to guide you through the process.
How can Sweeney Miller Law help?
Our knowledgeable conveyancing professionals can offer pragmatic, straightforward advice for your transfer of equity, and will take the time needed to understand all the circumstances and objectives involved in the transaction.
We have advised numerous clients on transfers of equity needed for a range of different and often complex reasons. We understand the process and the potential challenges that come with transfers of equity on mortgaged properties, leasehold properties or those that may be subject to Stamp Duty Land Tax (SDLT). We ensure that everything is considered and accounted for to ensure there are no costly surprises further down the line.
To speak to a member of our specialist conveyancing team, call us on 0345 900 5401, email enquiries@sweeneymiller.co.uk or use our contact form.
Transfer of Equity FAQs
A ‘straightforward’ transfer of equity may take around 4-6 weeks, however this is not always the case and the more complex the circumstances the longer the transaction may take. We would advise you start the process as soon as possible if you have any particular timescales in mind.
While you can complete the transfer of equity process yourself, an experienced solicitor will be able to identify and deal with any complexities that may arise and ensure that the process is smooth, efficient and without any mistakes that could slow down the process or cause issues later. Our specialist team of conveyancing professionals has a proven track record of completing successful transfer of equity transactions for clients, across a range of complex circumstances.
