If you need to transfer equity in a property, speak to First4Lawyers

Arranging for the transfer of equity on a property you own can be stressful, especially if it comes after something such as a break-up or divorce.

Not sure what you need?

Request a callback at a time that is convenient to you, or call us 24/7 on 0808 159 9899

What is transfer of equity?

A transfer of equity adds or removes one or more people from the legal title or ownership of a property. 

It could be that a couple has split up, someone wishes to add a partner to their title deed or perhaps a property is being gifted.

Equity is the value that is left after any outstanding mortgage has been deducted.  Transfer of equity may be total or partial.  

What is the process for transfer of equity?

The process depends on the type of transfer required:

  • The property title will need to be obtained.
  • Valuation of the property.
  • Deed of Transfer signed.
  • Remortgage completed, if necessary.
  • Lender's permission if there is an existing mortgage.
  • Stamp Duty Land Tax Return – this is only required for buy-outs involving sums of money over £40,000.
  • Register the change of ownership at HM Land Registry.

Why choose First4Lawyers?

Expert legal services for your individual needs - whether it's for home, family or work.

Free initial case review
Discuss - Orange - Small

Our fully trained legal advisors are happy to offer initial guidance and advice for free

Fixed price consultation
NWNF - Orange - Small

Phone or face-to-face meeting with a legal expert from just £149

No pressure
Manage - Orange - Small

We offer advice with no obligation.  We never cold-call or apply pressure to our customers

Get in Touch

What are the costs involved in the transfer of equity?

Once we know your specific circumstances, such as whether your transfer of equity involves a property with a mortgage, and how much equity you have in the property, we can give you a quote for the entire transfer of equity process.

The costs differ depending on how much money is changing hands, any buy-out process that is required, and the insurance fees that will protect your mortgage lender from financial losses if anything revealed in searches affects the value of the property.

If you are transferring equity on a property with no mortgage, the process is relatively straightforward and the costs will be lower than if there is a buy-out and re-mortgage required.

In all cases, there will likely be a Land Registry fee to pay for changing the owners of a property.

I need to transfer equity, what should I do?

It can be a complex process and varies depending on your specific circumstances. The advantages of using an experienced property solicitor is they do this work day in and day out, so they know what to expect and how to cover everything. 

Get in touch with your individual requirements and we'll be happy to help.

Get in touch today to discuss your requirements 08005677866

How to guides

Learn about this area of law and what you need to know:

Holly was amazing, her attentiveness, understanding and her general customer care was outstanding. Made me feel very comfortable speaking to her. I could not recommend a better company to speak to and with such amazing staff.

Miss Emma J

I was dealt with the most kind and caring manner by Rebeka. Also very efficient by explaining everything I had to know and connecting me to a solicitors who would deal with my claim. Thank you!

Mrs A Hill

Nice staff, very helpful and very easy to deal with. The initial part only took a few minutes. Staff also very knowledgeable and know what they are talking about.

Mr Richardson

Spoke with a lovely advisor called Chelsea who was great. She listened to everything that I said and gave brilliant advice. Her customer service was brilliant, she was very polite and gave me all the information about what are the next steps.

Mr N Dean

Customers rate us 'excellent'

We have a five star score from thousands of reviews on Trustpilot

Read reviews
Get in touch today to discuss your requirements 08005677866

It seems you are using an outdated browser.

This will impair your browsing experience around the web. Please visit one of the links below to update to a modern browser then re-open the site with the new browser.

Thank you


Can't find what you are looking for?

We are open as normal during the Coronavirus lockdown and are able to help with all your legal needs.

Call us free of charge

0800 567 7866

Request a Callback

Continue browsing