Transfer of Equity

Transfer of Equity is where a co-owner transfers their share in a property to another co-owner. The interest can be transferred for a sum of money or it may be as part of an agreement, for instance on divorce.

Our fees for acting as conveyancing solicitors in a Transfer of Equity are set out below. If you are remortgaging at the same time to obtain the funds to buy the other owner out we offer a discount and these fees are also shown below.

Should you wish to discuss these further please do not hesitate to contact us on 0115 9247028 or at progressions@campions.co.uk

We will match any fixed fee. The below tables are for use only for properties with a Total Value of up to £300,000. Please add £100 plus VAT £20 in the case of Leasehold/Shared Ownership. In the case of the latter you may have to pay additional fees to the Managing Agents.

Transfer of Equity Only

Solicitors Fees:  £360 (inc VAT)
Outpayments
Land Registry Fee: £40.00*
Official Copies: £6.00
Bankruptcy Search £4.00
Land Registry Search £3.00
 Identification Search Fee (Per person)  £4.80
If an interbank transfer is required to transfer any monies between the parties then a charge of £37.00 will apply.

Transfer of Equity and Remortgage

Solicitors Fees: £480 (inc VAT)
Outpayments
Land Registry Fee: £40.00*
Official Copies: £6.00
Bankruptcy Search £4.00
Land Registry Search £3.00
Bank Transfer Fee  £37.00
Search Indemnity £30.00 (if acceptable to your lender – estimate)
Search Fee   £4.80

*May vary in price if higher value

SDLT This may be payable. If you have another property you may have to pay the Second Home Charge. For enquiries about this or any other aspect please contact SCampion@campions.co.uk or MRodgers@campions.co.uk.

For a payment of £50.00 including VAT upon instruction, you can rest assured that should your conveyancing transaction fall through, for whatever reason, you will not be charged any solicitors fees. This fee is payable per transaction and therefore if you had a sale and purchase with us you would need to pay £50.00 for each.

Should your sale or purchase fall through without having taken the No Move/No Fee option we will charge a fee as is reasonable for the amount of work done by that stage.

A discount of £20.00 plus VAT (£24.00) is available on all transactions if you are one of the following:

  • First Time Buyer
  • Cash Buyer
  • Buy to let Landlord
  • Previous client (where we acted for over the last 3 years)

If you qualify for this discount, simply deduct this amount from your total online quote and advise us of your circumstances on instruction.

Terms and Conditions

Only one deduction per transaction (e.g if both cash buyer and buy to let landlord we deduct £24.00).

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