Transfer Of Equity / Matrimonial Transfers

A transfer of equity is a transaction where legal ownership of a property changes hands. For example where a couple transfer it into the sole name of one or other of them, or a person is added to the title.

It is generally much more straightforward than a sale or purchase as usually there will be no searches or enquiries, since the parties involved will have prior knowledge of the property, so there is no need for a contract.

If the property is subject to a mortgage, you must obtain the consent of the Lender before proceeding with any transfer of equity.

Contacting Us

The Residential Property Team at Fosters Solicitors have a wealth of experience and knowledge to assist you in relation to any legal property query or matter you may have. Call us on 01603 620508 or complete our and a member of the department will be in touch very soon.