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Transfer of Equity in Ventnor

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 Ventnor

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Ventnor 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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The Conveyancing
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Conveyancing in Ventnor Q & A's

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Updated: 25/10/16

The closest airport to Ventnor is Sandown IoW Airport (4 miles). Bembridge IoW Airport is 8 miles and away. The nearest train station to Ventnor is Shanklin.


Ventnor area information


St Catherines Lighthouse, Wroxall IOW Owl and Falconry Centre Birds of Prey Centre and Appuldurcombe House English Heritage are around Ventnor.

The most convenient hospital is St Marys Blackwater.


How do I get the best conveyancing rates in Ventnor for a £306k property?


Many law firms advertise so-called 'the cheapest conveyancing', however additional costs will be included in small print. Any disbursements should also be included on a Ventnor conveyancing quote Additional fees listed in the solicitor's terms should be fair. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.


Food risk searches are determined from past records but when one considers recent events, such as the fact that 2012 was second wettest year since records began,, are they sufficient to determine enough about the evolving Ventnor risk of flooding?


A thorough Ventnor property solicitor should get environmental searches if the standard searches spots a risk of flooding in Ventnor.

You can always get in touch with a future neighbour for that further local information.


Should we get a chancel search if I plan to buy in the parish of Ventnor?

The lawyer may suggest a chancel search, regardless of the parish where the property being bought is found. In Ventnor's much older areas, chancel repair has the potential to be charged on new owners of a property where Parochial Church Councils may have not done so in the past. Even if liability is unlikely, indemnity insurance is a sensible precaution.


Will the property lawyer in Ventnor order any property conveyancing searches on the Isle of Wight Edwardian detached house I am buying?


The common conveyancing procedure will be to get these searches - Local Authority (council), Drainage and Water Search and Environmental and perhaps particular searches, like Planning Search.


How do you determine stamp duty and what should it be on a £811000 property?


Stamp Duty will depend on a small range of considerations, primarily the value of the property. For a property estimated at £811000, stamp duty is £32440.*

*Accurate March 2013


How much can searches cost?


With Homeward Legal, you are expected to pay no more than £249 for the standard search bundle. Commonly ordered searches include a drainage search and a chancel liability search.


What amount of time will conveyancing legal work require, according to your estimates? I already have an offer.


In general, the time required to transfer a property varies. This is affected by a number of concerns including if a property is leasehold or freehold. 8 to 12 weeks is the average for many firms, we however drive the process forwards, completing within eight weeks.


I am buying soon and have a quote from you. Will I be charged any additional charges?


Homeward Legal's solicitors will never charge any hidden fees for standard conveyancing legal work. While comparing quotes, be aware that some conveyancers give 'quotes' which are in fact estimates, meaning that your final bill could be much higher.