Transfer of Equity

Whether you are adding a partner, removing a joint owner or transferring ownership between family members, our experienced residential property solicitors provide practical legal advice throughout the transfer of equity process.

with you every step of the way since 1927

What Is a Transfer of Equity?

A transfer of equity changes the legal ownership of a property without selling it on the open market.

This may involve adding someone to the title deeds, removing an existing owner or transferring a share of ownership between individuals.

Transfers of equity are commonly required following relationship changes, financial arrangements or wider family planning decisions.

When Might a Transfer of Equity Be Required?

We regularly assist clients with:

Divorce and separation settlements
Adding a spouse or partner to a property
Removing a former partner from ownership
Buying out a co-owner's share
Family property transfers
Tax and estate planning arrangements
Changes involving jointly owned property

Transfer of Equity and Mortgages

If there is a mortgage secured against the property, the lender's consent will usually be required before ownership can be changed.

Where a mortgage is being refinanced at the same time, a transfer of equity may be completed alongside a remortgage.

How We Can Help

Our residential property team can assist with:

Reviewing ownership arrangements
Preparing transfer documentation
Liaising with mortgage lenders
Advising on legal requirements
Registering ownership changes with HM Land Registry
Coordinating remortgages where required
Transfer of Equity and Mortgages

If there is a mortgage secured against the property, the lender's consent will usually be required before ownership can be changed. Where a mortgage is being refinanced at the same time, a transfer of equity may be completed alongside a remortgage.

Why Choose Eaton Smith?

Experienced residential property solicitors
Clear advice tailored to your circumstances
Practical support throughout the transaction
Regular communication and updates
Transparent legal costs

Related Services

Speak to our Residential Conveyancing Team

Whether you are adding a partner to a property, removing a joint owner following a separation or transferring property ownership between family members, our experienced residential conveyancing solicitors can provide clear legal advice and practical support throughout the transfer of equity process.

Frequently Asked Questions

What is a Transfer of Equity?

A transfer of equity is the legal process of adding, removing or changing ownership interests in a property without selling it on the open market.

Can I add my partner to my property deeds?

Yes. A transfer of equity can be used to add a spouse or partner as a legal owner of the property.

Can I remove an ex-partner from a property?

Yes. Following separation or divorce, a transfer of equity is commonly used to transfer ownership to one remaining owner.

Do I need my mortgage lender's consent?

If there is an existing mortgage, lender approval is usually required before ownership can be amended.

How long does a Transfer of Equity take?

Most transactions take between 4 and 8 weeks, although timescales depend on lender requirements and the complexity of the matter.

Is Stamp Duty payable on a transfer of equity?

In some circumstances Stamp Duty Land Tax may apply, particularly where mortgage liabilities are being transferred. We can advise based on your individual circumstances.

Can a transfer of equity be completed alongside a remortgage?

Yes. Many transfers of equity are completed at the same time as a remortgage, particularly where one owner is buying out another owner's share.