Transfer of Equity
You may own a property and want to add or remove another person to your title deeds, there are many reasons why a transfer of equity may occur and we are here to help you in any set of circumstances.
If you are transferring the equity in your property and have a mortgage, you must gain their consent for either adding or removing any party prior to instructing a solicitor. Once they have given you the go ahead you can contact us to take care of the legal aspects.
We will draft the necessary documents to transfer the equity and will comply with any requirements imposed by your mortgage lender. If the transfer is related to matrimonial proceedings, we can liaise with your matrimonial solicitor to ensure it completes at the right time.
You may wish to consider a Declaration of Trust at any point during a Transfer of Equity in the event you are adding another person to your property, you might want this agreement to set out your relevant shares in the property from the outset.
Contact us for a quotation and we can discuss your circumstances and answer any queries you may have.