Transfer of Equity

Simply put, equity means the amount of money left over if you take the remaining mortgage or loan left for you to repay from the total value of your house. In some cases this can be a sizeable amount and it may be that you find yourself in a situation where obtaining a percentage of that would enable you to afford to do something you would otherwise not be able to. This could include for example, using that money as a deposit on another property, embarking on some home improvements or renovations, or simply giving yourself a boost of disposable income.

Common cases where a transfer of equity may be appropriate include where: 

  • you own a property in your sole name but want to share ownership with someone else, such as your spouse or civil partner;
  • your partner has moved in and agreed to pay half the mortgage in return for a share in the equity; 
  • you want to transfer some or all of the equity in a property to your children or another relation;
  • you and your spouse or partner own a property jointly but you have agreed that your share should be passed to them as part of a financial settlement following divorce or separation; 
  • a court has ordered you to transfer your equity in a property to someone else, for example a co-owner you owe money to;
  • you wish to put property into a trust, or
  • you have been advised to make a transfer of equity for wealth protection or tax planning purposes.

At Morlings our team of conveyancing lawyers can assist with the transfer of equity in a range of circumstances.

They will ensure that everything proceeds as time and cost effectively as possible by:

  • checking that there is nothing to stop you making a transfer of equity, such as a restriction in a shared ownership arrangement or under your mortgage;
  • helping you to obtain any necessary consents where a restriction exists, and in the case of a mortgage restriction referring you to an independent financial advisor to determine whether a re-mortgage might be appropriate;
  • advising you on the implications of making a transfer of equity;
  • advising you on the costs and fees you will have to pay, including stamp duty land tax where applicable;
  • completing the transfer of equity forms; and
  • registering the transfer with the Land Registry.

Advising individuals throughout Maidstone, Kent and beyond

We have offices in Maidstone, Gravesend, Tonbridge, Chatham and Tenterden where we can meet you to discuss your requirements.

We can also offer meetings at your home if necessary, and in exceptional circumstances a telephone appointment can be arranged via Skype. 


The cost of dealing with a transfer of equity will depend on the circumstances, and in particular whether there is a mortgage.  We are happy to provide a quotation after discussing your requirements. 

Get in touch with our transfer of equity solicitors in Maidstone, Kent

Call us on 01622 673081 if you need our help. Alternatively complete our Contact Us form and we will be in touch as soon as possible.


For further information please call to speak to one of our experts on 01622 673081