Your Transfer of Equity Transfer of Ownership Solicitors

A Transfer of Ownership (sometimes called an Assent) is when the owners of a property have died and the property is transferred under the terms of the Will to the named beneficiaries.

A Transfer of Equity is when the interest in the property or land is sold, transferred or gifted to another owner or owners, where one of the existing owners remains on the title.

Some of the most common reasons that you may choose a Transfer of Equity include:

• If you have a new partner or are just married and wish to move your existing home into joint names
• If the interest in your property needs to be transferred following the breakdown of a relationship
• If you wish to gift a share in your property to a family member
• You wish to put your property into a trust
• You have been advised to make a transfer of equity for wealth protection or tax planning purposes

A solicitor will guide you through the process, which typically involves:

• Reviewing title deeds: Checking ownership and any restrictions with the Land Registry.
• Drafting the transfer deed: Preparing the legal documentation for signing.
• Signing in front of witnesses: Ensuring the deed is executed properly.
• Notifying lenders: Obtaining consent from your mortgage provider or other secured lenders.
• Registering the change: Submitting the deed to the Land Registry and paying the registration fee (currently £50–£920, depending on property value).

For more information on what to expect, check out our in-depth guide on the Transfer of Equity process here.

Our experienced conveyancing team can provide you with expert guidance throughout the Transfer of Equity process, ensuring matters progress as efficiently as possible. We’ll begin by checking that there are no legal barriers to the transfer, such as restrictions linked to shared ownership arrangements or within your existing mortgage terms. Where restrictions do apply, we can help obtain the necessary consent and refer you to an independent financial advisor to consider whether a remortgage may be appropriate.

We also advise on the legal implications of transferring equity and provide clarity on the costs involved, including any stamp duty land tax that may apply. Our team prepares and completes the required legal documentation and manages the registration of the updated ownership with the Land Registry, ensuring the transfer is handled correctly from start to finish.

At Manak Solicitors, our residential property solicitors has guided thousands of successful Transfer of Equity and Ownership transactions. We understand the legal intricacies that come with transferring equity with or without a mortgage and for freehold or leasehold properties.

With offices across Kent, we’re always close at hand for face-to-face meetings, while our reputation is backed by awards, full Law Society accreditation, and unfiltered client reviews on Google and ReviewSolicitors.

What sets us apart is more than expertise- it’s the experience. From free expert guides and multi-service discounts to our 24/7 online quote system, we make the Transfer of Equity process simple and accessible. Dedicated case handlers keep you updated in real time, and our approachable solicitors ensure clear communication at every stage.

We’re not just solicitors; we’re partners in your property journey.