What is a Transfer of Equity?

When somebody is added or removed from the title deeds, this is known as a transfer of equity. Examples of transferred equity include when a parent adds their son or daughter to title deeds, and when a sole owner adds their spouse. The mortgage deed will also have to be altered if the property in question has a mortgage on it.

A transfer of equity is required if you need to change how the property is registered, such as removing or changing a person on the land registry. The change can be done in one transaction and if there is any consideration to be paid to the removing party, money is transferred directly to them on completion.

How we can help

The team at McHale & Co understands communication and timing is key when it comes to such matters. This is why we ensure you are fully updated and that you receive an updated copy of the entry within six to eight weeks after completion.

 

Get in touch

If you would like to know more about how our tailored services can best suit your needs, do not hesitate to get in touch. Although based in Greater Manchester, we can provide high-quality legal assistance to those who need it around the UK. Call us today on 0161 929 3086, or fill in the online contact form.

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Kind and courteous attention, combined with knowledge and expertise.

Mr & Mrs T

Excellent, friendly and efficient service. Would use again.

Mr G

Everything went smoothly and this is mainly due to the pleasant service, professionalism and helpfulness of Grace Kennedy who steered us through our LPA and wills update.

Mr and Mrs L

Grace was very professional and an asset to your company.

Mr P

Always good advice and easy to talk to.

Mrs A

So relieved to receive such good advice and feel like a weight has been lifted from my shoulders.

Ms S

We were delighted with all aspects of the service.

Mr L

We thank Grace, Marta Grzelak, Helen Green and Kasia for their help, support, commitment, and sometimes consolation – for empathy. We managed to overcome the language barrier and legal procedures. And everything was possible thanks to the wonderful Angels from the law firm.

Despite the fact that the administration has officially ended – you will all remain in our memories and hearts for a long time.

Ms H

First class service, advice and support from Michaela at Mchale & Co. Definitely recommend.

 

 

Mr N

A big thank you for Marta Grzelak.
Couldn’t have asked for more. I would not hesitate in recommending her to friends and family. A fantastic service all round.

Ms J

The legal advisor Zakkiya Azad was kind, patient and understanding at all times.

Mr L

Excellent, professional and caring. Michaela and her colleagues made the whole process very easy.

Ms A

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