Every conveyancing fee is based on individual circumstances and a good conveyancer should offer a fixed fee that they are prepared to stick to. At Attwells our instant online conveyancing calculator gives you your personalised quotation.
Attwells Solicitors are conveyancing and property solicitors. We specialise in residential conveyancing offering you fixed fees and a No Move, No Fee promise.
You can receive an instant conveyancing quote and instruct us in seconds using your mobile phone. Our conveyancing fees reflect the level of service you will receive and the speed at which your transaction will take place. Our quotes include and break down every possible cost.
How much will it cost me to change the names on my property deeds?
How much will it cost me to change the names on my property deeds? This depends on whether you have an existing mortgage or not and if the property is leasehold or freehold.
A Transfer of Ownership is required when you wish to transfer part or all of your property to another person. This can be vital for several reasons, but most commonly it’s due to a relationship breakdown. The process allows you to legally add or remove a person from the property title deeds, leaving at least one of the original owners in place.
However, if no original owner is remaining on the title deeds, you would require our conveyancing services, as this would become a sale or a purchase rather than a Transfer of Equity, even if no money changes hands.
How much will it cost me to change the names on my property deeds and what is included in the price?
Drawing a Transfer Deed to transfer the ownership of the property
Obtaining relevant signatories
Dealing with your lender’s consent to the transfer (where applicable)
Dealing with your remortgage (where applicable)
Dealing with your landlord’s requirements for the transfer (where applicable)
What is not included?
Anything not listed as included above
Depending on your circumstances, Stamp Duty Land Tax may be payable. This has not been included in the quote. If SDLT is due, an additional £75 + VAT will be added to your quote for completing and filing the SDLT return. Land Registry Fees are due and will be payable based upon the purchase price. The Final Search Fee will be £20 plus VAT and Title Search Fee will be £20 plus VAT for a freehold or £30 plus VAT for a leasehold. We also have an additional fee scale you may wish to refer to.
Will I have to pay Stamp Duty Land Tax (SDLT)?
Much the same as when a property is purchased from the previous owner when you transfer your property deed, SDLT needs to be considered.
We need to look at what the ‘consideration’ for the transfer is. The consideration is anything of monetary value that is provided to the owner of the property to effect that transfer. For example, this may be cash, the repayment of the mortgage, credit cards, etc.
SDLT is calculated on the total consideration for the transfer.