Equity Transfer Solicitors in Halesowen & Blackheath
Equity transfers are far from uncommon, but they can still be a complicated process that requires the legal guidance of a specialist advisor.
At Jordans Solicitors, our team are on hand to help make sense of all the legal requirements to ensure a smooth and quick property equity transfer process.
As a professional equity transfer solicitor, we work with clients throughout Halesowen, Blackheath and beyond, providing them with a free, no-obligation consultation for our services to ensure we find the right solution for their circumstances. We’ve made it our mission to accompany our clients throughout the process to guarantee a hassle-free and stress-free completion. You can rest assured that we will put our knowledge and expertise to provide a quick and successful transfer of equity.
For legal assistance services you can trust, get in touch with us today.
An Equity Transfer Solicitor You Can Rely Upon
Property equity transfer refers to the legal process of transferring the value or equity, either partially or entirely, of a property to a new or additional owner.
The equity refers to the value of the property minus the unpaid sum of the mortgage. If you were to transfer a property valued at £250,000 that had an outstanding mortgage of £100,000, the equity that would get transferred in the process would be £250,000 – £100,000 = £150,000.
Property equity transfers are a common practice but do require legal guidance from a trained equity transfer solicitor. Here at Jordans Solicitors, our team can help make sense of the process to ensure a straightforward property equity transfer.
Below are a number of examples where a transfer of equity will be required.
Your partner is moving in with you in a house that is in your name. You wish to change the ownership arrangements and add their name to the property
You are getting divorced and want to transfer the house owned together with your partner to one person only
You have received the property as a gift
A relative is transferring their home to you
A court order is forcing you to sell your property so that the income generated by the sale can help to pay your charging order debt
A trust is formed, which means you will need to transfer your property equity
Contact Us
To speak with a member of our team about our legal services, contact us.
Our office is open Monday to Friday from 9am to 5pm.
