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Transfer of Equity Solicitors in Manchester
Adding someone to the title of your home, or taking someone off it, is called a transfer of equity. It often follows a marriage, a separation or a change in family circumstances. See your fee in moments with our instant online quote.
The legal owners of a property are recorded at HM Land Registry. A transfer of equity changes who those owners are, without the property being sold. We act for you from start to finish and register the change once it is complete.
Common reasons
- Adding a husband, wife or partner
- Removing an owner after separation
- Adding a family member
- Changing shares of ownership
What is involved
- Take your instructions and check the title to the property
- Verify the identity of everyone involved
- If there is a mortgage, deal with your lender's consent or a new mortgage
- Prepare the transfer deed and explain it to everyone who signs
- Check whether Stamp Duty is payable and deal with any return
- Complete the transfer and register the new owners at HM Land Registry
Get your fee
Our instant quote covers transfers of equity, including leasehold, mortgaged, shared ownership and unregistered properties.
If the transfer follows a separation, our family law team can advise on the wider settlement. Call us on 0161 660 1505 or send an enquiry below.
Questions we are often asked
How much does a transfer of equity cost?
Use our instant online quote and choose Transfer of Equity. It lists our legal fee, VAT and the disbursements we expect, and you do not need to give contact details to see it.
Does my mortgage lender need to agree?
Yes, if the property is mortgaged. The lender has to consent to the change of owners, and the person joining usually needs to be added to the mortgage.
Will Stamp Duty be payable?
Sometimes. It can be payable if money changes hands or the person joining takes on a share of the mortgage, depending on the amounts. Transfers made under a divorce or separation agreement are usually exempt. We will check this for you.
Do both owners need to be involved?
Yes. Everyone on the title before and after the transfer needs to sign, and we verify everyone’s identity.
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