The title deed for a property shows the chain of ownership since it was registered. This will also show things like any mortgage on the property and what rights or exclusions come with owning the property.
Your mortgage solicitors will handle vital steps such as the transfer of titles. This shows that the property is legally yours. During the conveyancing process, the title will be transferred to the buyer, who will be registered as the property owner with the Land Registry of Scotland.
Jones Whyte property solicitors will be able to handle all conveyancing steps, including the title transfer.
The title transfer is one of the final steps before you move into your new home.
Of course, title transfers can take place for other reasons besides buying and selling property.
You may want to remove someone’s name from the title if you are separating and one partner has bought out the other. Or you may want to add someone’s name to the title deeds.
If you want to gift property to your children, this will also involve a title transfer.
Whatever the circumstances, it is important to get expert advice to ensure the title transfer is handled professionally and isn’t held up for any reason.