A transfer of equity is the legal process of changing who owns a property without selling it on the open market, for example adding a partner to the title or removing one after a separation. The existing ownership stays in place, but the names on the title change to reflect the new arrangement. Brockbanks Solicitors handles the legal documents and registration so the change is done properly and recorded correctly.

Yes, you can transfer property to your children, and people do this for all sorts of reasons, from planning ahead to formalising family arrangements. It’s worth taking advice first, because a transfer can have tax and practical consequences that aren’t always obvious — gifting property can have inheritance tax implications, where as a general rule no inheritance tax is due if you live for seven years after making the gift, but there can be tax if you don’t. There may also be capital gains tax to consider on a property that isn’t your main home. Brockbanks Solicitors will explain what’s involved and make sure the transfer reflects exactly what you intend.

While not every transfer is legally required to go through a solicitor, the work involves drafting accurate documents and registering the change with the Land Registry, where mistakes can be hard and costly to undo. A solicitor makes sure ownership is transferred cleanly and that everyone’s position is clear. Brockbanks Solicitors offers professional, reliable support tailored to your circumstances, so the transfer is straightforward and properly recorded.

Yes — joint tenants own the whole property together, and if one owner dies their share automatically passes to the other, whereas tenants in common each own a defined share that they can leave to whoever they choose in their will. Which arrangement suits you depends on your relationship, your finances and your future plans. Brockbanks Solicitors can change how your property is owned and put the right documents, such as a Declaration of Trust, in place to protect everyone involved.

It’s usually wise to review your will after a property transfer, because changing who owns an asset can affect how your estate is distributed and whether your will still reflects your wishes. Keeping the two aligned avoids confusion or disputes later on. Brockbanks Solicitors can update your will alongside the transfer, so your arrangements stay consistent and clear.

The simplest first step is to get in touch and tell us what you’re hoping to do, and we’ll explain the process from there. You can call our Whitehaven office on 08081 965462, request a callback through our website, or book a meeting at one of our offices across Cumbria. Brockbanks Solicitors will guide you through each step to completion, with clear, compassionate support tailored to you.