Do not you still know how to transfer a property from one person to another? This process can be quite tedious for UK citizens who want to transmit the domain or mortgage from a property in Spain. Let us resolve your doubts about it.
How to transfer a property from one person to another?
- Mortgage transfer in Spain: it is necessary to be aware of the mortgage payments and that the financial institution approves the transfer.
- Inheritance: testament is one of the most common ways to transfer the property from parents to sons.
- Donation: very similar to the previous case, it is recommended for those people who wish to personally supervise the process of transferring the property.
- Buying: although it is the most common way to transfer real estate among strangers, it is rarely used for transfers between relatives.
How to transfer a property quickly and easily?
Taxes, notary, documentation… Transferring real estate in Spain is a slow and complex process for those who do not have good legal advice. This is especially true when the transfer is made between foreign citizens, since they must face the added difficulty of the language.
Due to the uncertainty caused by Brexit, more and more British citizens choose to deliver their properties in Spain to their relatives. Thus, hiring bilingual lawyers is revealed as the best way to transfer ownership of the house to a family member in the UK.
- You receive permanent advice in your own language.
- They streamline the procedures.
- It advises you about the most advantageous way to transfer the property of the house to a family member in the United Kingdom based on your needs (eg: pay less taxes).
- It is the most comfortable way to transfer the ownership of the house to a member of the family in the UK, because the lawyer is responsible for all the procedures without needing to travel to Spain.
Now that you know how to transfer a property from one person to another in Spain, you just have to hire the services of a law firm in Marbella. It has GM Lawyers to obtain legal advice in your language. What are you waiting for talk with us?
