A transfer of equity is where one or more parties are added to, or removed from, the legal title to a property. Common situations include: relationship changes, a party buying out another’s interest, gifting a share to a family member, or adjusting ownership shares for tax and estate planning purposes.

A transfer of equity often sits alongside a remortgage or lender consent process, and it is important that the legal work is handled correctly so that the lender, Land Registry and any relevant tax requirements are fully complied with.

We deal with:

• advising you on the proposed structure of the transfer
• drafting the transfer deed and any supporting documentation
• dealing with your lender and obtaining consent (where applicable)
• arranging for execution of documents
• completion and registration at HM Land Registry

Each scenario is different depending on whether there is a mortgage, consideration, linked transfer, gifting, or other tax implications. There can also be SDLT reporting requirements depending on the structure.

We therefore provide a bespoke fixed fee quote once we have the details of your proposed transfer. Our quotes are transparent, competitive, and given at the outset so you have certainty. There are no hidden extras.

• we undertake this work regularly and understand the lender, tax reporting and Land Registry requirements
• we use clear, plain English so you understand the implications of the transfer
• we proactively manage the legal steps for you
• we keep you updated, so you are not left chasing for information

If you email us a brief outline of your situation (including whether there is a mortgage), we will confirm what information we need and will provide you with a bespoke quotation. We usually respond on the same day.

enquiries@beverleymorris.co.uk