Property help and advice

Guide to Transferring Property Ownership to Family Members

There are several routes you can go down if you want to transfer property to family members. The types of transfers you can do, property transfer costs, and the different taxes you might have to pay all depend on a variety of things.

Explore your main options, alongside the positives and risks of each.

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The Transfer of Equity Process

When you own a property with someone, you may choose to transfer full ownership to either yourself or the other person. The process has a lot of moving parts, so it's best to be prepared. Here's your step by step guide on what the transfer of equity process entails.

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How Much Does it Cost to do a Transfer of Equity?

A transfer of equity is when a property owner adds or removes parties from the title deeds. Ownership of the property changes, but at least one of the original owners remains on the title deed. For example, a transfer of equity can happen if you add a child or remove an ex-partner from the title deed.

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What is Equity Release and How Does It Work?

Equity release is the ability to free up the equity from your property, whilst you continue to live in it. For many people, their property is their biggest asset, but all their savings are tied up in it. So, how can equity release work for you?

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Do You Need a Transfer of Equity When Changing the Name on the Deeds?

You’ll need a transfer of equity if you’re looking to remove or add a name to the deeds of your property. You'll also need one if you would like to ‘buy out’ an ex-partner. Here are a few different reasons you might need a transfer of equity, how you can go about getting the process started.

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Conveyancer vs Property Solicitor: Understanding the Difference

There are many reasons you might find yourself in need of legal representation. Moving home, getting a divorce, writing a will or even making an accident claim: these are all services performed by legal service providers around the UK on a daily basis.

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Your Guide to Transferring Ownership of a House With a Mortgage

If you have a mortgage on your house, transferring equity might seem complicated. There are a few extra steps you’ll need to take, but the process can actually be very straightforward. Usually, through the process, your conveyancing solicitor will be there to advise you.

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What is House Equity and How Can You Use It?

You might have been told that you have equity tied up in your house, and you can increase your wealth or fund your retirement by releasing it. But what exactly is equity, and what are your options when it comes to using it? 

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