A transfer of equity is when the legal ownership of a property is changed. Equity is the residual value of a property after any outstanding mortgage is subtracted from the market value. It is essential that you get experienced and expert legal advice when transferring equity as large financial sums are involved and the result of the change can have a significant impact on personal circumstances and lifestyle.
You may want to transfer equity for a number of different reasons; including marriage, divorce, cohabitation changes, future inheritance or tax planning, court order, gifting property, transfer of property between family members or forming a Trust. Real Legal is perfectly placed to assist you through any of these life changes in addition to your conveyancing needs with our private client services including:
Empire Business Centre
2 Empire Way
Authorised and regulated by the Solicitors Regulation Authority.
Real Legal Ltd, a company registered in England and Wales with number 12061875 and SRA number 663663.
Registered office: Suite 5 Empire Business Centre, 2 Empire Way, Burnley, BB12 6HH
Trading office: Suite 5 Empire Business Centre, 2 Empire Way, Burnley, BB12 6HH
Directors: Claire Stewart, Catherine Gavin and Kimberly Holgate.