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Transfers of equity are changes to who owns a property and in what shares, typically to add or remove someone from the title. A solicitor prepares the transfer deed, arranges consent from a mortgage lender if one exists, and registers the change at HM Land Registry. They may also advise on Stamp Duty land tax implications and ensure the new ownership shares are correctly reflected in the register and on the title plan. The work is shaped by the specifics of the ownership change, the mortgage position, and the deadlines set by the lender and the Land Registry.
A declaration of trust or deed of transfer is prepared to reflect the new ownership proportions, and the solicitor ensures the transfer complies with Mortgage Lender requirements and the Land Registry process. The completion records evidence of the change, and any resulting liabilities or reliefs, such as Stamp Duty, are accounted for within statutory timeframes and the client’s financing arrangements.
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Tagged solicitors Joel Evans and Rhian Derrick
Dealing with my probate case with integrity and the process was dealt with smoothly and always approachable with any questions I may have had. Would highly recommend Devonalds.
Review left by Anonymous
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I feel Karen and Andrea, the Solicitors who handled my House Move and Equity Release, to purchase my new home have been Fantastic!! They persevered with the convolutions of my move with Great Tenacity until Success was Achieved!! Karen and Andrea always got back to me quickly if I had any queries. I recommend them Very Highly to anyone purchasing a house using Equity Release in order to help with a house purchase.
Review left by Carol
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Tagged solicitor Tricia Sandry
Tricia & Sarah were very helpful throughout the process. Kudos to them for putting up with me and the 3rd parties involved.
Review left by M Pepper
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Tagged solicitors Aisha Tanveer and Shanae Byrne
Dealt with Shanae at SAS Daniel's. Excellent communications and service from Shanae with speedy completion of required work. Would recommend highly.
Review left by Paula Owen
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Tagged solicitor Sara Smith
The residential property team led by Sara Smith did a first class job in transferring a property from a family member to our family company, and did it very quickly.
Review left by Shotton
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Tagged solicitor Rebecca Holloway Bowden
Excellent service from both Rebecca and team. It was a difficult and complex leasehold-freehold conveyancing process and we were well advised and kept informed of developments at every stage of the process
Review left by Christopher John
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Tagged solicitor Sebastian Devlin
Sebastian Devlin took over our legal case, when our original solicitor took her maternity leave. I was naturally concerned about continuing with someone different, I need not have worried, Sebastian took on the case effortlessly, put us all at ease and was friendly and professional, I was extremely impressed with his timely communications, and of course the positive outcome of the case which he tenaciously fought on our behalf. Sebastian made a difficult time, so much easier for us all with his reassuring manner.
Review left by Annie Baker
