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Everything you need to know
- No Obligation Quotation
- Low Fixed-Rate Legal Fee
- Same Day Set Up
- Both Sides will be represented by different Independent SRA Regulated Law Firms, ensuring no Conflict Of Interest.
Why do I need a conveyancer for a transfer of equity?
A transfer of equity is the process of adding or removing someone from the legal ownership of a property. This could be due to a separation, marriage, refinancing, or transferring a share of the property to another person.
Because the legal ownership of the property is changing, a conveyancer must review the title, prepare the legal transfer documents, and ensure any existing lender agrees to the change. If there is a mortgage in place, the lender must confirm they are happy for the ownership to be updated.
The conveyancer will then complete the legal transfer and register the new ownership details with HM Land Registry so the title accurately reflects who now owns the property.
The easy 10 Step Guide to Remortgage your property
1 - Pay your File Opening Fee (This is included as part of your Fixed-Legal-Fee quotation)
2 - Verify your identity
3 - Check the source of funds
4 - Check HM Land Registry title deeds
5 - Review your mortgage offer
6 - Request the current mortgage statement
7 - Apply for local authority searches or put in place an indemnity policy.
8- OS1 priority search and bankruptcy check
9 - Send the Certificate of Title
10 - Completion day/Post Completion
We love helping people.
We have over 20 years’ experience in conveyancing and we are driven to work directly with people buying, selling or remortgaging their house to give them the service we know they need.
We've built up a network of over 80 Property Lawyers to make sure you get the right one for you that meets all your requirements.
