Transfer of Equity

Transferring property in the UK, whether or not you retain the existing mortgage, involves the transfer of legal documents which show ownership of your property. As a property owner, you may wish to transfer equity for reasons such as marriage, divorce or separation, or even for tax planning purposes. Your solicitor must take care, however, to give due consideration to a number of essential legal matters. The legal transfer of ownership rights from the seller to the buyer can be done only by the transfer of a property deed, and is usually managed by a solicitor or licensed conveyancer. The transfer of equity can be a complex matter which prompts legal advice, and that is where Legal Compare can assist you.

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Fees and charging options may differ between solicitors. All fees quoted are subject to terms and conditions and are exclusive of VAT and disbursements. A glossary of charging options is shown below.

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And remember, you will not be committing to a contract until you have agreed final terms with your chosen solicitor.

"Hourly Rate" agreement where you are charged an hourly rate regardless of the outcome of your matter.
"Fixed Fee" agreement where you are charged a fixed fee for the work undertaken regardless of the work involved.