J M Harrison :: <% =replace(pCase(title), "

what it is

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

Someone gets married and wants to put their new spouse onto the property title
Parties are splitting up and one is buying the other out
Someone has died and the effect of their will is that the property is transferred in some way without a sale
Someone decides to give part of their property to their children, e.g. for Inheritance Tax saving reasons.

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:

<% =fV3col(250) %> <% =fV3col(400) %>

	my fee	VAT @ <% =fVRate() %>	total £
Without mortgage
With mortgage

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 <% =fVNG(40) %>.

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

If no money changes hands, Land Registry registration fee (Scale 2) applies
Otherwise the higher rate of Land Registry registration fee (Scale 1) applies.

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.

transferring equity

what it is

how I can help

my fees