Put simply, a transfer of equity refers to the change of ownership of a property. Most commonly, this occurs when couples divorce and one party becomes the sole owner of a home or when a couple gets married and are both put onto the title deeds.
With every transfer of equity other factors must be considered such as new or existing
mortgage matters, leasehold issues, whether the property is a gift or part of a trust as well as Stamp Duty Land Tax implications.
Lynwood Solicitors understand that this legal process can come at a difficult emotional time for many clients who may be going through a divorce or have experienced the loss of a loved one. We will deal with each transaction sensitively and professionally to reduce stress and help move you forward.
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