Transfer of Equity

Transfer of Equity Solicitors Alton

Transfer of equity is the process of changing the legal ownership of a property without putting it on the property market and selling it. This is because it typically involves adding or removing someone from the title deeds, not selling it to someone new.

Because at least one of the original owners usually stays the same, it can be more straightforward than a standard sale and purchase, where a property passes between two unconnected parties. However, “more straightforward” is not the same as easy. There are tax implications to weigh up, a mortgage lender to consider, and forms that must be completed correctly at HM Land Registry.

Getting any of these processes wrong can have significant consequences, which is exactly why using a regulated, experienced property solicitor is so vital.

At Bookers & Bolton, our residential property team has been guiding people in Alton and across Hampshire through property matters for over 100 years. We will tell you clearly what is involved, what it is likely to cost, and what to watch out for before you commit to anything.

For legal advice from experienced residential conveyancing solicitors, please contact us on 01420 558 335, email enquiries@bookersandbolton.co.uk or fill in an enquiry form today.

When is Transfer of Equity Used?

There are various reasons people ask us about changing the ownership of a property. Some of the most common are:

• Adding a spouse or partner to the title after marriage, a civil partnership, or moving in together
• Removing an ex-partner from the title following a separation or divorce
• Changing the shares in a jointly owned property
• Gifting a share to a child or other family member
• Estate and inheritance tax planning

In each of these cases, one of the original owners normally stays on the title deeds. If you are buying out someone’s share entirely, or transferring the whole property to a single person, that would still be classed as a transfer of equity, and our property team can handle that too.

How We Can Help

Every matter is a little different, but our teams will be on hand to guide you through the full transfer of equity process. From reviewing the current title and checking for anything that might affect the transfer to preparing the transfer deed and registering the change with HM Land Registry, we will handle every stage.

You will not be left guessing where things stand. Through our app, run by Perfect Portal and linked to our case management system, you can check on the progress of your matter at any time, day or night, without having to keep ringing the office.

We will also ensure you are fully aware of other matters involved in a transfer of equity, including whether Stamp Duty Land Tax applies and your obligations regarding other costs, including Land Registry fees.

For an estimate of how much your transfer of equity is likely to cost, please use our conveyancing fee calculator: Get Your Conveyancing Quote

For a further breakdown of our fees, please visit our cost transparency page.

Why Choose Bookers & Bolton

Your home is likely the most valuable thing you own, so it makes sense to have a local firm you can trust handling the legal side. Bookers & Bolton proudly holds The Law Society’s Conveyancing Quality Scheme Accreditation. This means we have a proven track record of customer service and legal expertise, as concluded by The Law Society.

We offer clear, fixed quotes, no hidden charges, and an AAA-rated insurance policy, backed by a residential property team that knows the local area inside out. You can deal with us online, by phone, by video call, or face to face at our office in Alton, whichever suits you best.

For legal advice from experienced residential conveyancing solicitors, please contact us on 01420 558 335, email enquiries@bookersandbolton.co.uk or fill in an enquiry form today.

Other Legal Services

We also offer a range of connected legal services that you may find useful, including:

Private client matters such as:

• Wills
• Lasting Powers of Attorney
• Elderly & Vulnerable Clients
• Estate Planning

Family law matters such as:

• Getting Married or Divorced
• Dissolving a Civil Partnership.
• Cohabitating