Transfer of Equity

Our expert property lawyers can support and advise you throughout the equity transfer process. If you are looking to change the people on your property deed, contact us today.

The solicitors here at Fan Harrhy Law have plenty of experience offering guidance to people during the transitional process that is a transfer of equity. Whatever the reason behind your transfer, we can provide support and competent legal advice every step of the way. We’ll review the title deeds, prepare the transfer documents, and take all other necessary steps to ensure the process goes smoothly.

Equity Transfer Advice from Experienced Solicitors

Changing the deed to your property can be a daunting task, but it can be a relatively straightforward process with the right legal support. Whether all parties are agreed on the transfer of equity or there are still complications to settle, Fan Harrhy Law can offer a tailored legal service. One of our expert equity transfer lawyers will look carefully at your specific situation and offer custom guidance.

Equity refers to the percentage of the property that you own, which may be split with the bank if there’s a mortgage agreement in place. We can help you comprehend how this works when transferring equity to or away from a partner, family member or other person. Our compassionate team is fully aware that equity transfers sometimes occur during difficult life changes – rest assured that we have the understanding needed to handle these situations with care. To learn more about equity transfers, contact us today.

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Frequently Asked Questions

Equity Transfer FAQ

How long does a transfer of equity take?
The equity transfer process generally takes 4 – 6 weeks, but this can vary. Equity transfers tend to go quicker if all parties are in agreement and there’s no bank or mortgage lender involved. Disagreements and additional parties can slow things down significantly.

To ensure that your equity transfer is as efficient and fast as possible, seek the guidance of an experienced transfer of equity lawyer who is already familiar with the full process.

Do I need a Deed of Trust for an equity transfer?
A Deed of Trust is an agreement between property owners that is highly relevant for equity transfers, and often necessary to avoid complications. For example, if you have a new partner and you’re adding them to the deed for your property, a Deed of Trust can help you protect your interests in the event of a separation.

Why transfer equity?
There are many reasons why you might need to transfer equity, such as:
- You are adding a partner onto your deed.
- You are dividing assets after a separation.
- You are adding your children onto the deed of your home.
- You are buying out a joint owner of the property.

Can you transfer equity to anyone?
In the UK, there are some specific circumstances that complicate an equity transfer. For example, you cannot directly transfer equity to somebody under the age of eighteen. There are alternatives though, such as a trust deed, which will allow the equity to be transferred once the person turns eighteen.

If you have a complicated equity transfer request and aren’t sure about the specific legalities of it, you are welcome to get in touch with Fan Harrhy Law. We can look at your options and see whether an equity transfer is viable.

How much does a transfer of equity cost?
At Fan Harrhy Law, we work hard to ensure that our prices are reasonable to help you get the most out of your money. The exact price of an equity transfer will vary depending on the complications involved. We will quote you a competitive price for our services depending on what you need.

Transfer of Equity Specialists

Get in touch with Fan Harrhy Law today for more information on equity transfers. We are South Wales-based solicitors who are happy to take on clients from across Wales and England.

Transfer of Equity Solicitors

Equity Transfer FAQ