Transfers of Equity - An Introduction for Conveyancers

Introduction

Now, more than ever, homes are passing to individuals away from the normal sale & purchase process. Such transactions are known as transfers of equity.

Whilst the basic conveyancing principles are the same, this live broadcast session will consider the other factors to take into consideration to protect your client and your client’s mortgagee.

What You Will Learn

This live and interactive session will cover the following:

• Lender requirements
• Potential conflict of interest? Need for independent legal advice?
• Summary of key Stamp Duty Land Tax implications for Transfers of equity
• When might the transfer be at an ‘undervalue’?
• Insolvency risks
• Need for gift/undervalue indemnity insurance?
• Land Registry issues and requirements

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.