The Commercial Conveyancing Solicitors at Wilford Smith are committed to providing a top-level service to our clients who wish to transfer the equity in their property, allowing you to find an arrangement that works best for you and your business.
With many years experience in handling these commercial transactions, our team is best placed to make sure that the process is carried out as quickly and efficiently as possible, leaving you free to concentrate on running your business.
The transfer of equity in a property usually involves the transfer of the property from those who are currently registered as owners to a third party. This process is different from the sale of a property, whereby the property changes ownership in its entirety. A transfer of equity sees one of the existing parties remain on the title, while other parties to the transaction are either added or removed.
There are a number of steps involved in completing a transfer of equity, with the various stages requiring to be completed depending upon the nature of the individual property and transaction. Our Commercial Conveyancing Team will look at all the relevant factors, such as whether there is a mortgage taken out against the property, whether the property is leasehold, if equity is being transferred for money or as a gift, and whether a trust is being formed, before advising you on how to proceed.
Contact our Commercial Conveyancing Solicitors, Sheffield and London
Our Commercial Conveyancing Lawyers are based in Sheffield and London, and advise and represent clients throughout England and Wales. Contact us today on 01709 828 044 to find out how we can help.