Transfer of equity is the legal process of transferring ownership of a property or land from one individual to another, such as a family member, often as a gift or part of inheritance. This transaction requires a conveyancer to ensure a smooth and lawful transfer of ownership rights and registration of the deeds with the HM Land Registry.
We can act for either the transfer or (the current owner of the property) or the transferee (the party receiving the property) in any property or land transfer.
Transferring ownership can be for several reasons, such as adding or removing a name from the deeds to a property, gifting property or land, transfers after death and divorcing or separating couples.
Anytime you contemplate transferring property you need to consider the value of the property and if any money will be changing hands, any mortgage or outstanding finance on the property and the reason for the transfer. We can offer you guidance and advise on transferring property.
At Thurstan Hoskin we like to take the worry and stress away from you
01209 210 069