Located in Nottingham , we are one of the busiest Residential Property Solicitors in Nottingham and Nottinghamshire.

Expert Legal Advice

Our reputation for excellence in managing transfers of equity in residential property is well known across Nottingham, Nottinghamshire, and the East Midlands. By instructing us, you can be confident that your transfer of equity will be handled smoothly and efficiently.

Our Approach

We are a diverse law firm with multi-lingual solicitors who use top-tier technology to provide clients with streamlined, modern, and highly effective residential property advice and representation. Our solicitors have extensive experience in conveyancing law, making us a trusted choice for excellence in this field. We also collaborate with the UK’s best Barristers, King’s Counsel, Estate Agents, Independent Financial Advisers, Surveyors, and Mortgage Brokers, who can provide additional support if required.

How We Work

Transferring equity requires meticulous attention to detail. From the outset, our Residential Property Solicitors ensure every step of the process is carefully prepared, making recommendations to protect your interests and handling all details on your behalf. We aim to make the process as stress-free as possible, keeping you updated as each step is completed.

We pride ourselves on providing personal service to all our clients, remaining accessible by phone and responding to emails within 24 hours. Our team is committed to offering friendly, proactive service that you can trust. We offer a fixed fee service and flexible appointments at our Nottingham office, and can also visit you at home if necessary.

All our specialist Residential Conveyancing Solicitors have the experience and resources needed to ensure that every aspect of your transfer of equity is managed efficiently. We hold a Law Society Conveyancing Quality Accreditation, recognising our ability to provide quality conveyancing advice, use regulated processes to reduce risk, and meet Law Society standards.

Common Questions About Transfer of Equity

What is a transfer of equity?

A transfer of equity involves changing the ownership structure of a property. This may be necessary after a divorce, remarriage, or moving in with a partner, requiring the removal or addition of names on the property title.

Why do I need a Solicitor for transferring equity?

A Conveyancing Solicitor is essential for transferring equity, especially if there is a mortgage on the property. The solicitor ensures that the departing party is released from mortgage obligations and advises on the best financial arrangement, such as paying off the loan, remortgaging, or transferring the mortgage.

Can I use a transfer of equity to gift my property to my children?

Yes, but you must be aware of potential inheritance and capital gains tax issues. Our full-service law firm can collaborate with our Private Client department to find the best solution for passing property to your children.

Will there be a stamp duty charge?

Stamp duty may apply if you are transferring equity into joint names, such as when getting married, due to the new owner assuming responsibility for a portion of the mortgage. We provide comprehensive advice on any stamp duty fees and ensure timely and accurate payment of any taxes owed.

Why Choose Us?

Life events such as marriage, divorce, or gifting property to children often come unexpectedly. Our Solicitors will manage the transfer of equity process, ensuring all necessary steps are taken.

Smalleys Solicitors provides exceptional Transfer Of Equity and Residential Conveyancing services to clients. People choose and recommend us not just in Nottingham, Arnold, Hucknall, Derby and Mansfield, but across Nottinghamshire, Derbyshire, Leicestershire & the East Midlands, and the whole of the UK, because we get results.

To receive expert advice and representation regarding Transfer Of Equity and Residential Conveyancing, please contact us using the form below, call us on (0115) 955 6555, email via the Request a Callback form on this contact page.