tel: 01993 852222
email: info@j-mharrison.co.uk

Probate in Spaintransferring equity

what it is

Transfer of equity is when the ownership of property changes without a sale. It happens when, for instance:

how I can help

I will use my long experience to help the transaction to a swift, satisfactory and economical conclusion.

my fees

My fees depend on whether or not the property concerned is mortgaged:

  my fee VAT @ 15% total £
Without mortgage 250.0037.50287.50
With mortgage 400.0060.00460.00

For all purchases – including transfers of equity – the government now requires the buyer to submit a detailed 6-page Stamp Duty Land Tax form. If you wish, I can complete this form for an additional £40.00 (£46.00 inc. VAT).

In addition you can expect to pay Land Registry search fee and Land Registry registration fee:

The transaction could be liable to Land Tax in some circumstances, even though the transfer is not a purchase in the normal sense of the word; I will advise you about this once I know the circumstances.

Full details of all the amounts, and of the whole process, are in a letter that I will send if you contact me.

 

J M Harrison... your local solicitor, wherever you are
© J M Harrison 2010

site developed by Mark Iliff, Talespinner