Legal Support for Changing Property Ownership

A transfer of equity is the legal process of adding or removing one or more people from a property’s title deeds without selling the property. At LexHavenLaw, our experienced solicitors provide clear and efficient legal support to ensure ownership changes are completed correctly and in compliance with all legal requirements.

Whether the transfer is due to divorce, separation, inheritance, gifting, or financial restructuring, we guide you through the process with clarity and care.

What Is a Transfer of Equity?

A transfer of equity occurs when the ownership of a property changes, but the property itself is not sold on the open market. This commonly happens when:

• A relationship breaks down

• A property is gifted to a family member

• Ownership is restructured for financial or tax reasons

• One party is added to the title following marriage or cohabitation

Conveyancing is still legally required to formalise the change and register it with HM Land Registry.

When Do You Need a Transfer of Equity?

You may need a transfer of equity in situations such as:

• Divorce or separation settlements

• Inheritance or estate planning

• Gifting property or equity to family members

• Buying out a co-owner

• Adding a spouse or partner to the title

• Removing a name following refinancing

What We Handle for You

Our solicitors manage every legal aspect of the transfer, including:

• Drafting and submitting transfer documents

• Liaising with mortgage lenders to obtain consent

• Advising on Stamp Duty Land Tax (SDLT), where applicable

• Discharging or updating existing mortgages

• Registering changes with HM Land Registry

We ensure the transfer is legally binding and completed efficiently.

Transfer of Equity With a Mortgage

If the property is mortgaged, lender approval is required before ownership can be changed. We will:

• Liaise with your mortgage lender

• Ensure lender requirements are met

• Register any new or amended charges

Failure to obtain lender consent can invalidate the transfer, so legal advice is essential.

Stamp Duty Land Tax (SDLT)

SDLT may be payable in certain transfer of equity cases, particularly where money or mortgage debt is being transferred. We provide clear advice on whether SDLT applies and ensure all necessary filings are completed.

How Long Does a Transfer of Equity Take?

Typical timeframes are:

• Transfer of equity (no mortgage): 2–4 weeks

• Transfer of equity (with mortgage): 3–6 weeks

Timeframes may vary depending on lender involvement and complexity.

Why Choose LexHavenLaw for Transfer of Equity?

• Clear, practical legal advice

• Experienced conveyancing solicitors

• Efficient handling of ownership changes

• Transparent communication

• Focus on minimising delays and risk

We understand that transfers of equity often arise during sensitive life events, and we handle each matter with professionalism and discretion.

Speak to a Transfer of Equity Solicitor

If you need to change property ownership, contact LexHavenLaw today to discuss your transfer of equity.

📞 Call: 0161 706 1141
📧 Email: lexhavenlaw@gmail.com
Free initial consultation available