Transfer of Equity
Adding or removing someone to the title of the property and unsure of the costs involved? Then let us guide you...
Our online quote calculator provides you with our guaranteed legal fee for your transfer of equity. Due to the nature of different transfer of equity transactions, it is difficult to provide you with an exact quote and we would not want to go back on our price promise guarantee. We will be able to advise you on the exact cost of your transfer of equity with a little bit more information from you. Press for an online quote and we will contact you shortly to take your instructions and guide you through the associated fees of your transfer.
Choose movehomefaster and we guarantee there will be no hidden extras. If you're happy with your quote, you are simply the click of a button away from proceeding with your transfer!
Quick Guide to Transfer of Equity
A handy step- by-step guide to explain the stages of your transaction.
There are many reasons for transferring property and it can be sometimes quite complex and very different depending on the reason for the transfer. Here is a quick guide to transferring your property. We will advise and guide you on the best way to deal with your transfer and what is involved as soon as we have your instructions.
Stage one: Following your formal instruction.
Upon receipt of your formal instructions, we will review what kind of transfer we are dealing with and how it is best to proceed for you. We will request your title deeds and a redemption figure from your existing lender and obtain electronic title information from the Land Registry. We will draft your transfer and advise you on it accordingly. When acting for you we cannot also act on behalf of the person being removed. This would be a conflict of interest and we will advise the other person to seek independent legal advice.
We will require your mortgage offer at this stage, if applicable.
Stage Two: Set a completion date
Once we are in receipt of your mortgage offer and signed documents, we can agree a completion date. If you are transferring your property with the aid of a mortgage we will request funds from your new lender and request a redemption statement from your existing lender up until the day of completion.
Stage Three: Completion
On the day of completion, the Transfer Deed is dated and any consideration is dealt with and forwarded to either party should there be a remaining balance due or lump sum payment. We will then submit our application for registration with the Land Registry to register the transfer.
What our Clients Say...
"Louise was always available to us and made a difficult process much easier. We are very grateful for her help and service."
Mr Weston and Ms Thompson
