Tel: 0121 456 3696

email: info@seymourluke.com

 

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Seymour Luke Licensed Conveyancers

Transfer of Ownership / Equity

We understand that clients from time to time may wish to transfer the legal ownership of a property from their name to another or from their sole name to them and another party, a spouse or child for example, without any monies or consideration being provided. This is relatively straightforward transaction and can be completed quickly with minimum inconvenience to the parties concerned.

If the property is affected by mortgage, it is merely a case of obtaining the lenders consent and dealing with their requirements. In the main, this will mean obtaining the new parties consent and understanding that they will be, from the time of completion of the transfer, mutually responsible for the mortgage repayments. It will be necessary for all parties to sign a new mortgage deed and transfer deed.

Following completion, we will register the transfer of ownership, known legally as a transfer of equity, at HM Land Registry.

OUR COMMITMENT

Seymour Luke are committed to providing excellent levels of service and communication with a friendly approach

CLC Recognised body number - 505693. CLC website.
VAT Number - 116 503 152
Company Registration Number - 6848916
Director(s) - Philip Luke - Solicitor & licensed conveyancer
Kathryn Donnelly – Solicitor
Kevin Gilbert – Licensed Conveyancer

 

Seymour Luke Licensed Conveyancers