Transfers of Equity
Perhaps better understood as gifts of property or sharing in the value of property our residential property lawyers liaise with our specialist family lawyers together with specialist private client lawyers to ensure that your interests as best served.
Gifting a property has many potential pitfalls. Issues of inheritance tax and insolvency or bankruptcy have to be considered as well as evidencing agreement as to what should happen in the event of co-owners falling out, whether married or not.
We can advise as to Fastmove trust deeds confirming shares in ownership and mortgage deeds confirming loans secured both of which are often used in family arrangements.
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