Transfer of Equity

We are often instructed to deal with transfers of equity. This can often be as a result of a separation or divorce for example. A transfer of equity is a transaction where legal ownership of a property changes hands but at least one of the original owners remains on the title. For example where a couple transfer it into the sole name of one or other.

 

Re-mortgage/Transfer of Equity

Type of Matter

 

Our costs

 

Basic Fee:

£495.00

Banking fee:

£30.00 (If applicable)

Anti-money laundering fee:

£30.00

Registration fee:

£10.00

All plus VAT [email protected] 20%

£113.00

 

Land registration fee

£20-£455 (depending on value of property)

 

In some circumstances Stamp Duty Land Tax will also be payable and we will advise you of this in due course if appropriate.

 

  Contact Patrick Nicholls 0161 980 6099  
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