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Latest News and Opinion from The Law Superstore
Transfer of Equity Costs
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. A transfer of equity can happen, for example, if you add a child to the title deed, or remove an ex-partner from the deed.
What are Prenuptial Agreements
It is strongly advised that you hire a solicitor for a prenuptial agreement. You and your partner will need to seek separate legal advice to avoid a conflict of interests.
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.