Transfer of Equity – Conveyancing When Transferring the Equity of Property
At ConveyancingHome, we support our customers through the process of transferring the equity in a property. Whether it be removing an existing owner or adding new owners we ensure that the legal process runs smoothly and ownership is registered correctly.
Overcome the legal complexities which the transfer of equity can present. Make sure you are legally prepared for the complexities transferring equity can bring. Fill out the form to discuss your situation and receive a personalized conveyancing quote.
We will undertake the following
Client onboarding
We will collect information from you about your transaction and verify your identity
Checking the title
We will review the property's title to ensure that it is clear and free from any legal issues that could affect the transfer of equity.
Drafting legal documents
We will prepare the necessary legal documents, including the transfer deed, which is a legal document that transfers ownership of the property from one person to another.
Liaising with the mortgage lender
If there is a mortgage on the property, we will communicate with the lender to ensure that the transfer of equity does not violate any of the mortgage terms.
Calculating stamp duty
We will calculate the stamp duty land tax (SDLT) payable on the transfer of equity and arrange for it to be paid to HM Revenue & Customs.
Registering the transfer
Once the transfer of equity is complete, we will register the new ownership with the Land Registry.
Approach a transfer of equity with confidence
Kickstart your journey to a hassle-free equity transfer by contacting our specialist conveyancing team today. We're here to make things easy for you.
Complete the form, and let's have a conversation about your unique requirements.
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