MJR Solicitors Conveyancing Services
Transfers of Equity
At any point in your life, you may decide to change the legal ownership of your home. Adding or removing someone from your property deeds, or even gifting your property to your children, can be done whenever your circumstances change. When they do, MJR Solicitors can give you the help and advice you need with the transfer of equity.
Conveyancing services for the transfer of equity
As a legal process, the transfer of equity can be a complex one if there are complications or disputes. But, whatever your reason for making the transfer, the process can also be straightforward provided all parties are in agreement.
Once you instruct us to carry the transfer out on your behalf, our team of equity transfer solicitors will request all property title and deeds documentation from you or HM Land Registry before completing the process with the following steps:
- A full review and confirmation that all documentation and paperwork is valid and correct
- Checks on whether Stamp Duty Land Tax is payable on the property
- Preparation of a Transfer of Equity deed ready for signing by all parties
- Registration of the Transfer of Equity deed with HM Land Registry
What is a transfer of equity?
As well as being one of your biggest assets, owning your home gives you both freedom and long-term security. But you can complete a transfer of equity if you want to begin the process of changing the ownership of your property at any time. As the legal owner, you can add or remove someone from ownership for any reason, including:
- A change in personal circumstances (divorce, separation, marriage, or cohabitation)
- Gifting a share of the property’s equity to your children or another family member
- As part of your tax planning to reduce inheritance tax on beneficiaries after death
To obtain an instant quote including recommended searches and disbursements please complete the form below:
How much are your transfers of equity fees?
We offer a range of transparent, low-rate, and fixed-fee, transfers of equity services that won’t change unless your instructions do. With no hidden fees and no hourly rates, our fixed-fee, transfers of equity services mean you get what you need without going over budget.
|Freehold Sales||Fee||Leasehold Sales||Fee|
|Up to 150k||£650 plus VAT||Up to 150k||£700 plus VAT|
|£150 to £250k||£700 plus VAT||£150 to £250k||£750 plus VAT|
|£250 to 300k||£750 plus VAT||£250 to 300k||£800 plus VAT|
|£300 to £400k||£800 plus VAT||£300 to £400k||£850 plus VAT|
|£400 to £500k||£850 plus VAT||£400 to £500k||£900 plus VAT|
|£500k to £600k||£900 plus VAT||£500k to £600k||£950 plus VAT|
|£600 to 700k||£950 plus VAT||£600k to 700k||£1000 plus VAT|
|£700k to £800k||£1000 plus VAT||£700k to £800k||£1,050 plus VAT|
Contact MJR Conveyancing Solicitors today
Transferring equity between property owners can be a minefield for the uninitiated. But MJR Solicitors has the experience to guide and advise you through the entire process and make sure your transfer of equity is completed as smoothly and quickly as possible.
For more information on property transfers of equity, contact our specialist conveyancing team today by calling 01243 945 054, sending a message through our contact form, or emailing us at firstname.lastname@example.org or email@example.com.
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