PROPERTY LAW

PROPERTY LAW - HELP FOR YOU

PROPERTY LAWDISPUTE RESOLUTIONPERSONAL INJURYSETTLEMENT AGREEMENTSWILLS & PROBATEMEDIATION
WHAT IS A TRANSFER OF EQUITY?
This is where you want to change the ownership of a property. For example, you might want to add your partner to the ownership of a property, or remove them. You might simply want to alter the ratio of ownership - perhaps from 75:25 to 50:50.
 
It is usually a straightforward process once it begins. It is important to first make sure that you have gained any permissions needed - for example your mortgage company will likely need to consent to the transfer, and might require that a new mortgage be issued to reflect the new ownership structure of the property.

Our lead property solicitor is Peter Skinner, ably assisted by Andrew Mulrooney.
OUR FEES
TRANSFER OF EQUITY VALUE OUR FEES
£0 - £100,000 settlement sum £375 plus VAT & disbursements
£100,001 - £300,000 £400 plus VAT & disbursements
£300,001 - £400,000 £450 plus VAT & disbursements
£400,001 - £500,000 £525 plus VAT & disbursements
Over £500,001 Quoted on an individual basis
If done in addition to a remortgage £200 plus VAT


A transfer at Undervalue Policy may be demanded by your mortgage provider, at an 
additional cost of approximately £150. This will not always be needed & we will advise 
as soon as it is possible to do so.


Shared Ownership

Where the transaction is classed as a shared ownership then we charge £175 + VAT 
in addition to our usual costs and disbursements.


Leasehold Enquiries

Where we are involved in complex investigations with the Landlord or Management 
Company then we must make an unavoidable additional charge of £125 + VAT to deal 
with such enquiries.


New Build Properties

We charge £125 + VAT in addition to our usual costs and disbursements for dealing 
with these matters.
NEED MORE ADVICE?
Call one of our experts on
0151 363 3977

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