When you want to make changes to the ownership of a property or land holding, your Deeds at the Land Registry need to be legally updated. This is called a ’Transfer of Equity’.
Whatever your circumstances, VSH Law has a great deal of experience in dealing with Transfer of Equity transactions. Our experts can help manage this on your behalf.
You may be
It is easiest to think of the transfer as a sale from the old owners to the new owners, whether any money is changing hands or not.
Paperwork will be prepared by VSH Law for the current and any new named owners to sign. As soon as this has been approved and any financial transaction completed the registration change with the Land Registry will be made.
If you already have a mortgage and are intending to keep it, your lender’s agreement to the transfer will be needed. You’ll need to speak to your lender so they can advise you what their procedure is, provide you with their own forms to complete and let you know their fees.
If you’re changing your mortgage provider at the same time as changing names then it’s likely to be much quicker! This is because your old lender doesn’t need to approve the change, as they’ll be paid off in full with the Transfer.
You can take a look at our fees, or you can contact one of our team directly or if you’re ready to instruct us you can download and complete the Transfer of Equity instruction form located on the right hand menu and post it to us.
