There are many reasons you might need to transfer equity. You may be adding a partner to the title, removing someone after separation, or adjusting ownership for tax or inheritance planning. Whatever the reason, we make sure the process is clear, legally sound, and handled with care.
What we guide you through
When you instruct us, here is how we will support you through the transfer of equity process:
Onboarding & paperwork
We will confirm your instructions, complete ID checks, and explain the steps involved so you know exactly what to expect.
Reviewing the title
We will review your property’s title deeds to check for any mortgages, restrictions, or other details that need to be addressed before the transfer.
Lender’s consent
If you have a mortgage on the property, your lender must consent to the change. We will liaise with them to ensure the transfer is approved and properly documented.
Drafting and signing the transfer deed
We will prepare the transfer deed and arrange for all relevant parties to sign it. This ensures the ownership change is legally binding.
Handling Stamp Duty Land Tax (SDLT)
If SDLT is payable on the transaction, we will complete the necessary returns and ensure payment is made promptly.
Completion & registration
Once all requirements are met, we will register the new ownership with HM Land Registry and provide you with updated title documents.
How long does it take?
A straightforward transfer of equity typically takes between 4 and 8 weeks.
The timing can vary depending on:
- How quickly paperwork and ID checks are completed.
- Whether lender consent is required.
- The complexity of the ownership change.
- Whether SDLT is payable and processed.
We will keep you updated throughout and aim to move things forward as smoothly as possible.
Why choose Chapter Law?
- We make things simple, using plain English at every stage.
- We keep you informed so you always know where your case stands.
- We handle the details with precision, ensuring your transfer is completed correctly.