| Transfer of Equity? |
A transfer of equity is when one or more joint owners of property or land transfers or sells their interest to another owner or owners of that property.
This may be due to personal or financial reasons; there are many reasons why a transfer of all, or a share of equity may be required:
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Marriage: transfer of title of the matrimonial home into joint names.
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Divorce or separation: to transfer property ownership from joint names into one sole name.
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Tax planning: to transfer a share of the family home into the name of a child/family member.
Adjustment of financial shares: to change a percentage in the property ownership.
Whatever your requirements, we can assist you. We will provide expert legal advice and assistance from the very beginning to help take the stress out of the process and protect your finances.
The solicitor will then prepare the transfer documents for you to sign once you are ready to proceed.
Please note that it will be necessary for you to obtain formal consent to the transfer from your mortgage lender.
Stamp duty may be payable on the transfer of a property if it is sold or gifted.
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Get an Estimate of Fees for Transferring Property between Related Parties:
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