When might you want to transfer equity in a property?
There are a number of circumstances in which you may wish to transfer equity in a property and here we look at when they might arise as well as any tax considerations which may apply in certain circumstances. The phrase refers to the removal of or the addition of an individual’s name to the title deeds of a property. This may create a co-owner or remove such a person or transfer ownership completely. When might transfer of equity be suitable? Some homeowners may decide to…
