Are you thinking about transferring the ownership of your property or part of it to another? There are many reasons why people choose to do this. For example, your cohabitation arrangements may have changed as a result of a divorce or separation, in which case you may be thinking about transferring the ownership from joint names to a sole name. A court may even have ordered this. On the other side of the coin, you may be getting married and thinking about transferring ownership from a sole name to joint names. You may be a parent thinking about transferring ownership to an adult child by way of a deed of gift. You may be thinking about transferring ownership for tax reasons or as part of a trust arrangement.
Whatever the reason for the transfer, it is essential that each stage of the process is completed correctly to avoid unexpected issues in the future. Our conveyancing experts are here to help things run smoothly for you.
How can we help you?
If there is no mortgage on the property and no money is changing hands then the transfer process is fairly straightforward and we can complete the deed of transfer quite quickly. We will then contact the Land Registry on your behalf and ensure that all necessary documentation is completed. The Land Registry will then take a few weeks to fully register the new owners of the property.
If there is a mortgage on the property, then you will need permission from your mortgage lender prior to the transfer taking place. Unfortunately, this means the process is a little more complicated but, again, we are here to help with all aspects of your matter.
Whether or not there is a mortgage, we will also advise in relation to any Stamp Duty obligations and deal with any necessary Stamp Duty forms for submission to HMRC.
Transfer of title matters are sometimes accompanied by a remortgage. In such cases, we will treat the transfer and remortgage as one piece of work, aiming to complete all aspects of the work within a realistic timescale.
Whatever the reasons for the transfer you will find that we are on hand to ensure that everything progresses smoothly at each stage of the transfer process.
If you decide to instruct us, you will benefit from:
- Competitive fixed fees with no hidden costs
- Our extensive experience of arranging transfers of title
- Clear jargon-free advice
- Regular up-dates by phone or e-mail
- A friendly, professional, and, reliable service
- We are accredited members of the Law Society’s Quality Conveyancing Scheme
Contact us today and we will be happy to speak to you about how we can help you with a transfer of property.