A transfer of equity happens when owners are added, or removed, from the legal title of a property. “Equity” is simply the residual value of the property after any mortgage, or charge is deducted from the current market value.
There are a number of reasons why owners might decide to transfer equity in a property, such as after a marriage, or as the result of a divorce. LPL are sensitive to the fact that there will be multiple parties involved in such matters and are experienced in dealing with the same.
At LPL, we only recruit quality individuals so you can trust and rely on our people throughout the conveyancing process. Your Lawyer will be allocated to you upon receipt of your instructions and they will manage your case through to completion.
The average turnaround time will depend on the circumstances surrounding the Transfer of Equity. We are committed to reducing the average turnaround of conveyancing transactions by working in a proactive manner so please feel free to call and discuss your situation as once we understand your requirements we will be able to provide you with a more indicative timeframe.
We have created ‘LPL-Cloud’ which has been designed to speed up the conveyancing process. LPL-Cloud is your very own portal which allows you to complete and sign forms electronically in addition to being able to upload your identification documents.
Furthermore you will receive real-time updates throughout the conveyancing process.
Once we are instructed, we will issue you with a unique user name and password. Your LPL-Cloud will then be accessible 24/7 on your smart phone, tablet or PC.
Our approach is to involve you and keep you informed throughout the transaction. We pride ourselves on engaging with our clients throughout the process and in addition to real-time electronic notifications; you have the choice of a 3, 5 or 7-day update by telephone. Our friendly team are here to help.
LPL is a trading style of Read Roper and Read Solicitors Limited which is a Company registered in England & Wales (Company No.11269980) and is regulated by the Solicitors Regulation Authority under registration number 658171. We have been awarded the Law Society´s Conveyancing Quality Scheme (CQS), an accreditation which recognises the country´s leading conveyancers. A list of Directors is available at the registered office. The term ‘Partner’, if used, denotes a Director.