Transfers of Equity, changes in the ownership of property, are undertaken for a variety of reasons; divorce or separation where the property is required to be transferred into one party’s sole name and tax planning to provide an interest in the property to a child or other beneficiary.
Whatever the reason for transferring the equity in a property we are able to advise you on the sometimes quite complicated procedure in simple and practical terms.
Ownership of Property in Unequal Shares
With the increase in property prices more people are pooling their resources to purchase property. This can often lead to unequal investments in property by two or more parties where each individual requires their initial investment to be protected for the future.
We can put in place a Declaration of Trust which sets out each owner’s interest in the property, specific to your individual requirements.
Contact a member of our team for more information.