Transfer of Equity

Making property ownership transfers
clear, simple, and hassle-free

Transferring ownership in a property, whether fully or partially, is known as a Transfer of Equity. This legal process is commonly used when adding or removing someone from the ownership of a property, and it can arise in a range of personal or financial circumstances.

Get your instant conveyancing quote

Planning to buy or sell a property?  
Use our quick and easy tool to receive an instant, no-obligation conveyancing quote.

Start your quote

Back to Residential Property

At Bennett Oakley Solicitors, our experienced conveyancing team is here to guide you through every step, ensuring the transfer is completed smoothly, securely, and with minimal disruption.

Why would I transfer equity in my property to another person?

You may decide to transfer equity if:

You have recently married or entered into a civil partnership and wish to put your partner’s name on the title.
To assist with tax planning.
You and your partner have decided to separate

What happens if there is a mortgage on the property?

If there is a mortgage on the property you will need to obtain the mortgage lender’s permission and also ensure that the person you are transferring the equity to is named on the mortgage document. If there is no mortgage on the property and no money is changing hands then the transfer of equity process should be more simple and straightforward.

Will I need to pay Stamp Duty?

Stamp duty land tax may be applied when property is transferred in exchange for anything of monetary value (called a ‘consideration’). If the consideration is greater than the current threshold of £125,000, then stamp duty will have to be paid. You do not have to pay stamp duty in the following circumstances:

If there is no consideration.
If the property is being transferred in a divorce or dissolving of a civil partnership.

Get in touch with our experienced conveyancing team today and let us handle your transfer of equity with professionalism and care. With the option to complete the entire process online, we make it faster, more cost-effective, and hassle-free, so you can move forward with peace of mind.

Speak with a Bennett Oakley expert today

Looking for legal support? Get in touch with our solicitors, and we’ll connect you with the right expertise to meet your specific needs through our trusted legal team and professional partners.

Request a call back Email the team

FAQ Topics

How long does a transfer of equity take?

Most transfers of equity are completed within 4–6 weeks, depending on the complexity of the transaction, whether a mortgage is involved, and how quickly documents are signed and returned.

Do I need a solicitor for a transfer of equity?

Yes, it’s strongly recommended. A solicitor will ensure all legal documents are accurate, deal with the Land Registry, liaise with mortgage lenders if applicable, and help protect your interests throughout the process.

Can I complete a transfer of equity online?

Yes, at Bennett Oakley, we offer remote and online services for transfer of equity transactions, making the process faster, more efficient, and cost-effective.