Transfer of equity

You will need this service if your life or ownership situation changes.

• When you marry and want to add a partner to the deeds.
• If you separate and one person needs to be removed.
• If you are gifting a share of your home to family.
• When you change how you own the property shares.
• If you need to satisfy a court order for property split.

This process takes place through your solicitor over a few weeks.

• You must prove your identity to your solicitor first.
• Your solicitor checks the property records and gets lender consent.
• You will receive a TR1 form to sign with a witness.
• All parties must sign the legal papers to move forward.
• Your solicitor sends the final request to the Land Registry.
• You will receive confirmation when the records are updated officially.

Getting this right gives you legal peace of mind and financial security.

• It ensures the right people legally own the property.
• It helps protect your investment if your relationship changes.
• It makes future selling or inheriting much easier and faster.
• It keeps you on the right side of the law.
• As a guide, expect to pay around £300 to £800.

Your solicitor will help you understand the costs and legal steps.

• They check if you must pay any Stamp Duty tax.
• They explain the difference between joint and common ownership.
• They handle all the communication with your mortgage lender.
• They ensure everyone's rights are protected during the change.
• They confirm the property value for the official paperwork.