Transfer of Equity Solicitors
Our trusted Property Solicitors can help make your transfer of equity process smooth and stress-free, ensuring your future, and the future of your property, is in safe hands.
Talk to one of our team members on 03300 299 419
Changing the legal ownership of a property can be an important step in planning your future, whether that’s following a relationship change, gifting part of your home to a loved one, or administering a relative’s estate.
At Slater Heelis, our residential property solicitors guide clients through the process with clarity, care and efficiency. We’ll handle the legal work, liaise with third parties like mortgage lenders where needed, and ensure your transfer is completed without unnecessary stress or delays.
With offices in Manchester and Sale, our solicitors support clients nationwide. If you’d like to talk to our team, give us a call on 03300 297 347 or fill out our online contact form on this page.
Alternatively, you can get an initial quote using our online calculator here.
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What is a Transfer of Equity?
A transfer of equity is a legal process where an existing property owner adds or removes one or more people from the title deeds. Equity refers to the share of the property you own (the property value minus any outstanding mortgage).
This process doesn’t involve selling the property, it’s about changing who holds legal responsibility for it.
Transfers of equity are common in situations such as:
- A couple moving in together or getting married
- A relationship breakdown, divorce or separation
- Gifting part of your property to a child or family member
- Estate planning or tax arrangements
- Transferring ownership following a bereavement (often known as a ‘transfer of ownership’)
How Does the Process Work?
We’ll begin by reviewing your property title and the circumstances surrounding the transfer. From there, we’ll:
- Draft the legal documentation to transfer ownership
- Liaise with your mortgage lender if the property is mortgaged
- Advise on any Stamp Duty Land Tax (SDLT) implications
- Register the updated title with HM Land Registry
If the transfer involves a gift or court order, or forms part of a financial settlement, we’ll work closely with other advisers to ensure everything is handled correctly and in line with your intentions.
Where a party is being removed from the title, they may need separate legal representation. We’ll let you know early on if that’s the case.
Why Choose Slater Heelis?
- Clear and competitive fixed-fee quotes
- Regular updates from your dedicated solicitor
- Straightforward advice, no legal jargon
- Experience handling simple and complex transfers alike
- Collaboration with financial and estate planners where needed
We understand that changes in ownership often come at important moments in your life. Whether you’re planning ahead or dealing with an unexpected change, our goal is to help you move forward smoothly and with confidence.
Frequently Asked Questions
Ready to Get Started?
If you’re looking to add or remove someone from a property title, speak to our friendly residential property team today. Call 03300 297 347 or get in touch via our contact form for a no-obligation quote.
We’re here to make the process as straightforward as possible, giving you peace of mind at every step.
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