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Transfer of Equity in Isle Of Wight

A transfer of equity occurs when a property owner wishes to change the legal ownership of the property. Reasons include marriage, divorce and tax planning.

Homeward Legal's solicitors offer expert legal assistance with your transfer of equity.

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Remortgage Solicitors Isle Of Wight

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Isle Of Wight clients every week.

We strive to complete your remortgage legal work quickly, so that you benefit from your new mortgage deal as soon as possible.

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Conveyancing in Isle Of Wight Q & A's

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Updated: 16/10/16

Isle Of Wight area information

Carisbrooke Castle English Heritage and Arreton IOW Robin Hill CP Country Park are easily accessible from Isle Of Wight.

Smallbrook Junction station is around 7 miles from Isle Of Wight. Isle Of Wight's closest airport is Sandown IoW Airport (6 miles). Southampton Airport is 18 miles, Bembridge IoW Airport is 10 miles, and Bournemouth International Airport is 24 miles away.

The closest hospital to Isle Of Wight is Newport, St Marys.


On the purchase of a £758,000 house, what will be the fees? I need to find discount conveyancing in Isle Of Wight.


Confusion over this point catches out many sellers and buyers, and can leave them paying far more in fees than they budgeted. Many solicitors offer so-called 'the cheapest conveyancing quotes'. Unfortunately extra fees are often hiding in the terms that sellers and buyers often do not check. Any extra charges needs to be fair and only come into force where your solicitor is required to complete extra work on your behalf, which could not be anticipated at the start of the process. Based on the property you intend to buy, our online quote calculator will generate an accurate statement of conveyancing fees.


Which factors assist with guaranteeing a fast exchange and completion?


It is well established that contacting a proactive conveyancing solicitor is key a fast conveyancing transaction. Beyond that, there are a number of things you could do to speed up the process, including, ordering a property survey early in the transaction, promptly completing and return any forms and keeping in regular contact with the conveyancing solicitor.


I have a requirement to exchange contracts on the conveyancing process on a leasehold apartment in under 30 days - are Homeward Legal really fast solicitors in Isle Of Wight ?


Our firm take an extremely take charge plan of attack when conducting the conveyancing and title transfer for home movers.

Our solicitors approach to conveyancing is different as we have invested in new integrated systems . Crucially we always look after you with a solicitor trained to communicate up the home buyer and seller chain .


The current owner has added ill-suited windows on the maisonette which I think might breach the Carisbrooke conservation area guidelines.


A property lawyer will always ascertain whether the property is inside a designated conservation area, and if so, whether any alterations have essential consents. In the event that no local authority consents be available your conveyancing solicitor will recommend the best alternative which can include requesting an indemnity insurance policy or requesting retrospective approval from Isle of Wight council.


When my partner and I are purchasing a property on the same street as a 14th Century rectory manor in Isle Of Wight, do we need a chancel liability search?


Property owners near to local churches must contribute towards the cost of repairs, where chancel repair liability exists. Terms used in a property's name, like 'vicarage', may indicate chancel liability. Your conveyancing lawyer will suggest an appropriate indemnity policy to address chancel liability.


Is your solicitor team experienced enough to handle fast completions on property auction conveyancing in Isle Of Wight?


Our team specialise in auctions and often take instructions from buyers and sellers at auction. Our solicitors and licensed conveyancers have in the past worked for many buyers at local Isle Of Wight residential property auctions including Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Shrewd bidders always formally instruct an experienced conveyancing firm as soon as they can to allow sufficient time for a detailed review of the auction legal pack prior to the auction. Post auction your now prepared lawyer is completely able to concentrate on completing the legal side of things inside 28 days as conventionally required .


Which Isle Of Wight areas are eligible for stamp duty relief?


Isle Of Wight disadvantaged areas are identified by local ward. Disadvantaged areas around Isle Of Wight are Pan, Ryde North East, St. Johns-1 and Ventnor-1. Update: As of the 2013/14 tax year, stamp duty relief for disadvantaged areas is no longer available.


Is a building survey a good idea when purchasing a property in Isle Of Wight?


The Royal Institution of Chartered Surveyors strongly advise that you arrange an inspection. A wide range of defects can negatively affect a property, for example cracked roof tiles. These will not be reported on by a solicitor.