Transfer of Equity Solicitors
Transfer of Equity is a transaction where the legal ownership of a property changes hands.
A transfer of equity is the legal process of changing the ownership structure of a property. This involves adding or removing someone from the property deed. It’s distinct from a sale because at least one original owner remains on the title. Equity refers to the ownership stake in the property. Common reasons for a transfer of equity include adding a partner to a deed when buying a house together, removing an ex-spouse after a divorce, or gifting ownership to a child.
Whilst these can seem straightforward, each case depends on the individual circumstances and we have to determine the exact situation in order to ensure that all the parties are protected.
There are various reasons why you may wish to transfer property but the most common are:
- Divorce / separation
- Death of the Owner
- Transferring Ownership between Spouses
- Adding a Spouse after marriage
- Gifting the property to a child
Stamp Duty Land Tax is often applicable in a Transfer of Equity if a person is coming onto the title and it is determined by how much Consideration is being paid for the Transfer and the current mortgage amount (if applicable). There could also be a higher rate of tax if the person going onto the title already owns property. Therefore it is important to use Solicitors who are experienced and knowledgeable in this area.
It is important to bear in mind that there may be Capital Gains Tax and Inheritance Tax implications in a Transfer of Equity transaction.
Our private client team are one of the few specialist solicitors in the UK for Equity Release. Equity Release is a form of borrowing that allows a home owner to release the wealth they have that is tied up in their house without having to sell that house and live somewhere else.
Key Contact
<script>
document.addEventListener('DOMContentLoaded', function () {
const deptEl = document.getElementById('acf-author-department');
const department = deptEl?.dataset?.department;
if (typeof gtag === 'function' && department) {
gtag('set', { author_department: department });
}
});
window.dataLayer = window.dataLayer || [];
const dept = document.getElementById("author-department")?.textContent?.trim();
if (dept) {
window.dataLayer.push({
event: "authorDataReady",
author_department: dept
});
}
</script>Insights
Unlock valuable insights from our articles.
Analysis
Case Study: Streamlining Operations
Learn how we improved efficiency our client
John Doe
24 May 2023
.
5 min read
Analysis
Case Study: Streamlining Operations
Learn how we improved efficiency our client
John Doe
24 May 2023
.
5 min read
Analysis
Case Study: Streamlining Operations
Learn how we improved efficiency our client
John Doe
24 May 2023
.
5 min read
Analysis
Case Study: Streamlining Operations
Learn how we improved efficiency our client
John Doe
24 May 2023
.
5 min read
Analysis
Case Study: Streamlining Operations
Learn how we improved efficiency our client
John Doe
24 May 2023
.
5 min read
Analysis
Case Study: Streamlining Operations
Learn how we improved efficiency our client
John Doe
24 May 2023
.
5 min read
Digital Assets Are Not Only Cryptocurrency! The Estate Planning Step You Might Be Missing
In today’s digital age, many of us have online lives that are just as rich and complex as our physical…
Understanding Agricultural Property Relief (APR): Rules, Eligibility and Budget reforms
Agricultural Property Relief is an important inheritance tax relief to be aware of in England and Wales. It allows certain…
Autumn Budget 2025: what you need to know
The Autumn Budget Announcement, which was delayed until 26 November 2025, was anticipated to be a “big one”, which would…
Meet our experts
Dedicated professionals ready to assist you.
