Transfers of Legal Ownership

Also known as a transfer of equity and used in a variety of circumstances, talk to our team if you think you need advice.

Changing ownership

As a valuable asset, if you’re considering changing the ownership of property, you’ll want to talk to experts who can advise you of the relevant considerations and take you through the process.

Helping you

A Transfer of Ownership, also known as a Transfer of Equity, is the term given to the process for changing some, but not all of, the registered owners of a property. 

Our expert Residential Property Team will help you carry out Transfers of Ownership involving many different scenarios and would be happy to answer any questions you have to give you peace of mind. 

If you are a company buying a residential property, please contact our team for a bespoke estimate.

To view our Pricing Policy in regards to transfers of equity, click here.

Related Areas

  • Re-mortgaging and Refinancing
  • Bridging Loans
  • Lease Extensions
  • Sales and Purchases for Business

    • FAQs
    What happens to my mortgage in a transfer of ownership? 

    If you have a mortgage on the property, you will need to speak to your lender to get their approval to the Transfer. This approval  can be given in different ways, but it may entail taking out a new mortgage in the names of the new property owners.

    What happens with the stamp duty in a transfer of ownership?

    Some Transfers of Ownership attract Stamp Duty Land Tax. HMRC consider the ‘value’ of a Transfer of Ownership to be the total of any payment being made for the share of the property being transferred and 50% of any mortgage which is currently in place. 

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    Meet the Transfers of Legal Ownership Team

    Meet the Transfers of Legal Ownership Team