New Enquiries: 0330 333 2613
COVID-19 UPDATE - Here at Elliot Mather we are fully operational, and we will do everything we can to support you. Our remote working capability allows us to continue offering our services via free video conferencing apps. Please contact us for further information.

We have specialists in many areas of legal practice. Make an enquiry today: 0330 333 2613

If you currently own a property with one or more co-owner, and you either wish to buy out that person’s interest, or they want to sell their interest to you, then this is known as a transfer of equity. In these cases we cannot act for both parties.

Where you have a mortgage on the property normally the party transferring their interest in the property will require releasing from the mortgage conditions and debt. There are three ways of doing this:

  • discharging the existing mortgage from monies from your own resources
  • obtaining consent from your current lender to transfer the property and making application for a further advance where required for the “buy out”
  • by re-mortgaging your property and  borrowing sufficient funds to discharge the existing mortgage and any surplus required for the “buy out”.

Obtain an instant quotation

Please telephone your nearest office to obtain a quotation.

For further information

For further information on equity transfer, please click here for our factsheets.


Conveyancing Estimate

To ensure we are able to deliver a high level of client care, due to the current volume of new cases and the SDLT deadline, we are temporarily not accepting new instructions until the 1st June, 2021 save from existing clients, select referrers and customers buying a Newbuild from site, where we are a recommended panel solicitor.

If you meet the above criteria and would like a quote, please email Enquiries@elliotmather.co.uk and we will contact you at our earliest opportunity.

Thank you for your understanding

Select a Service

Client Details


Or Enter Previous Reference



Our Team

Andrew Yates

Andrew Yates

LLP Member and Head of Department
Katie Yates

Katie Yates

LLP Member and Head of Department
Matthew Macefield

Matthew Macefield

LLP Member
No photo - Jasdeep Bagri

Jasdeep Bagri

Solicitor
No photo - Rabi Miah

Rabi Miah

Associate Solicitor
No photo - Tina Rana

Tina Rana

Associate Solicitor

Ask us a Question

Or if you would prefer to email, send it to Enquiries@elliotmather.co.uk

Logo

Elliot Mather LLP maintains professional indemnity insurance in accordance with the rules of the Solicitors Regulation Authority. Details of the insurers and the territorial coverage of the policy are available for inspection at our offices.

Registered Office: St. Mary's Court, St. Mary's Gate, Chesterfield, Derbyshire, England, S41 7TD

VAT Number: 126 3019 03

Regulatory Notice: Elliot Mather LLP is a limited liability partnership. Partnership number OC321320.

Authorised and regulated by The Solicitors' Regulation Authority. To view code of conduct visit www.sra.org.uk/code-of-conduct.page

Latest Posts