Transfer of Equity Solicitors – Get An Instant Quote

Tailored and Trustworthy Legal Support

At Eric Robinson Solicitors, we provide tailored and trustworthy legal support and guidance surrounding any transfer of equity. 

Our expert residential property solicitors have managed hundreds of equity transfers and will be able to make your equity transfer process as swift and smooth as possible.

Get a Free Instant Transfer of Equity Quote

We are open about our fixed fee services for managing equity transfers. You can get a free no-obligation quote just by inputting some basic property information. There is no need to input your email or phone number if you do not wish to. Any quote can be tailored to your specific needs.

• Free and easy to use
• Personalised quote for your specific needs
• Your quote will include all fees payable
• If you input your email, you can proceed via a link we will send to your email with your quote
• Alternatively, you can call your nominated property solicitor and advise that you are ready to begin

Why use a transfer of equity solicitor?

Our Solicitors can assist you in a number of ways. Our experience allows us to:

• Communicate effectively with any relevant third party such as mortgage lenders.
• Confirm whether tax such as Stamp Duty Land Tax or Capital Gains Tax is payable.
• Update the title deeds at the Land Registry.
• Seek consent from your mortgage lender and draft the necessary transfer deed.
• Distribute any funds required.
• Register new owner(s) interests at HM Land Registry.

What is a transfer of equity process?

A Transfer of Equity is where a co-owner transfers their share in a property to another co-owner. The interest can be transferred for a sum of money based on the market value of the property, or it may be as part of a court order relating to a divorce or separation. It will likely involve the following steps:

Instruct a solicitor

• They will create transfer documents, look over the title deeds and proceed with legal accuracy. 

Get mortgage lender consent

• Your solicitor will ensure the bank is aware and approves the transfer.

Collect signatures

• Each party signs the transfer deed with a witness.

Pay outstanding fees

• You may need to pay stamp duty and other fees.

Completion

• Your solicitor will manage the transfer of funds which ensures that the equity is officially transferred.

Whether the transfer is between family members, a former partner or other owners of the property, the process can be complex. A transfer of equity conveyancing Solicitor will offer expert legal advice and service throughout the transaction.

Reasons to transfer equity

You may need to change the legal ownership of a property, whether to add or remove a name from the title, or to change the ownership entirely. Whatever the context, it’s important to have a residential property solicitor there to offer the right legal advice and support. This will protect everyone involved in the property transfer especially where you have a mortgage on the property.

Whether you are getting married, divorced or separating, want to gift a property to a loved one, are in the process of creating a trust, need help changing the ownership of a property or wish to remove names from ownership of the property, Eric Robinson Solicitors have an expert panel of conveyancing Solicitors who can make this happen as quickly and simply as possible.

How long does a transfer of equity take? 

The amount of time that the process takes will be dependent upon the speed of each of the relevant parties. 

For example, if one family member or person requires a new mortgage offer, then the equity transfer cannot be completed until that lender has issued all of their paperwork. 

Equally, matters can occasionally be slower where people are separating or transferring equity against the backdrop of court proceedings, or where there is a dispute over property value or whether a sale should occur. 

The speed at which a transfer progresses is not usually affected by whether the home is freehold or leasehold.

How can Eric Robinson Solicitors help? 

Our specialist transfer of equity Solicitors can offer expert advice in various different contexts. Get a free instant conveyancing quote now to find out how much we would charge for an equity transfer in your specific circumstances. There is no obligation to proceed with us, and you don’t even need to input any contact details, just some basic property information. 

If you do choose to go ahead with us, we will ensure that we keep you fully informed of progress throughout the entire process. We work efficiently and professionally to ensure the best outcome for you. If you would like to speak to one of our team about how to transfer equity, please don’t hesitate to get in contact with us. 

We are happy to answer any queries you may have regarding our costs, and provide more information about how we support our clients.

Contact Your Closest Office Today

To speak to us and find out more, get in touch with one of our local branches at the following locations: Southampton, Hedge End, Chandlers Ford, Winchester, Lymington, or Richmond Upon Thames.