Transfer of Equity

Let Goughs Solicitors guide you through the transfer of equity process

Transfer of Equity: What does it really mean?

When you own a property you may wish to transfer the ownership to another person or people. Similarly if you jointly own a property, you may wish to take on full ownership.

The process has a lot of moving parts, so you need to be prepared; luckily you’ve come to the right place to get the best advice from an expert transfer of equity solicitors firm.

Key Contact

Donna Linden

Senior Associate Residential Property Practitioner

When will I need to use a Transfer of Equity?

There are many different situations when considering a transfer of equity might be the right option for you.

If you are going through a relationship breakdown and one party wishes to remain in the home, transferring their share to you, or your share to them could be far easier and less emotional than selling the property.

You may wish to gift your share of a property to a family members or friend

All situations are unique and require tailored advice so please get in touch for further information to suit you.

Don't waste time and money, enlist an expert

Your local transfer of equity solicitor since 1882

Your Transfer of Equity questions answered

The most considerable amount of time will be the mortgage company assessing your eligibility, should you be taking on a greater mortgage value on your own. Although, if you are transferring equity without a mortgage, the process can be very quick indeed.

All parties involved will need to sign documentation, so to speed up the process you could arrange to all do this at the same time.

As with all conveyancing matters, the more complicated the process, the longer it will take. As all situations are unique, get in touch for a bespoke quote today.

The cost of an equity transfer will vary dependent on the circumstances and the value of the property or properties involved. Other factors that will influence the price will be whether you are adding, removing or replacing someone on the deeds, and whether the property is leasehold or freehold.

You may also have to pay a transfer fee to your bank if the property has a mortgage.

Transferring equity can incur other costs so please get in touch for more detailed advice. These are dependent on individual circumstances. Your dedicated Goughs residential property lawyer will be able to advise on the costs you will incur, so get in touch today.

Our clients rate us as excellent

Corsham

Well-managed transaction handled promptly and professionally. We have used Goughs before, will use again and would not hesitate to recommend

Sue Jenkins

Nadine has been excellent throughout, keeping us regularly informed of all progress and we liked her very practical approach to things. The support staff at Goughs have also been excellent throughout, hence, instructing Goughs on 4 property matters. Nothing too much trouble and all requests were dealt with very swiftly

Devizes

I have used Goughs solicitors for conveyancing on more than one occasion. Extremely efficient and professional and wouldn’t hesitate in recommending them

W D, Calne

Professional, helpful & knowledgeable service. Giving very clear advice in a way I could understand. Thank you.

S, M, Chippenham

The service was professional, efficient and very friendly. I will be using Goughs again.

Sarah Fuller

Brilliant service, I couldn’t fault Goughs and have subsequently gone on to use their services for another purpose.

Meet the Residential Property team

Ailie Peacock

Senior Associate Licensed Conveyancer

Alison Parfitt

Trainee Residential Conveyancer

Amy Moran

Associate Chartered Legal Executive

Catherine Thompson

Residential Conveyancer

Donna Linden

Senior Associate Residential Property Practitioner

Elmira Moore

Senior Associate

Faye Smith

Solicitor

Gemma Rodriguez-Molloy

Licensed Conveyancer

Elmira Moore

Senior Associate

Lesley Warren

Partner and Head of Residential Property

Rachael Watkins

Trainee Residential Conveyancer

Alison Parfitt

Trainee Residential Conveyancer

Gemma Rodriguez-Molloy

Licensed Conveyancer

Amy Moran

Associate Chartered Legal Executive

Catherine Thompson

Residential Conveyancer

Sophie Laird

Residential Conveyancer

Faye Smith

Solicitor

Donna Linden

Senior Associate Residential Property Practitioner

Nadine Stevenson

Partner

Ailie Peacock

Senior Associate Licensed Conveyancer

Isabel Figueiredo

Partner & Notary Public

Lindsey Nolan

Senior Associate Solicitor

Why choose Goughs Solicitors?

Local since 1882, with an excellent reputation

First-class, effective service

Largest solicitors in Wiltshire

Seven offices throughout the county

Nationally accredited law firm

Recognised by Legal 500 and Chambers & Partners

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Our Offices

The Strand, Calne
Wiltshire, SN11 0JU
01249 812086

Chippenham
Mill House, 1 New Road
Chippenham, Wiltshire
SN15 1EJ
01249 444499

Corsham
23 Pickwick Road, Corsham,
Wiltshire, SN13 9BH
01249 712193

Devizes
Ramsbury House
30 Market Place, Devizes
Wiltshire, SN10 1JG
01380 726913

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Wiltshire, SN12 6LN
01225 703036

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2 Fore Street, Trowbridge
Wiltshire, BA14 8HX
01225 762683

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Unit 5
Greenways Business Park
Bellinger Close
Chippenham
SN15 1BN
01249 475880

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