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Conveyancing in Freshwater Bay Q & A's

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 16/04/18

Read all about the Freshwater Bay area ;

The closest airport to Freshwater Bay is Sandown IoW Airport. Southampton Airport is 21 mile s, Bembridge IoW Airport is 18 miles, and Bournemouth International Airport is 16 miles away and Lymington Pier train station is about 6 miles from Freshwater Bay.

Q.

Freshwater Bay area info

A.

Hurst Point Lighthouse, Yarmouth Castle English Heritage and Norton IOW Fort Victoria Marine Aquarium Aquarium are close to Freshwater Bay.

The most convenient hospital for Freshwater Bay is Milford War Memorial.

Q.

How do we find a cheap solicitor in Freshwater Bay to purchase a residence?

A.

Many law firms purport to offer 'the cheapest conveyancing quotes'. However extra costs will be included in the solicitor's terms of engagement which homeowners may have not read carefully Any disbursements to be paid must also be stated on a conveyancing quote Any extra fees found in the terms ought to be reasonable.

Q.

How can I avoid being gazumped?

A.

This takes place when an offer is, following agreement, later rejected by the seller, in preference to a better offer. The will be a danger of getting gazumped in any transaction, because offers are not binding until exchange of contracts. You should instruct a property solicitor early, and even before acceptance of an offer to reduce the chance of gazumping.

Q.

What causes conveyancing for a sale to take weeks more than planned? Isn't it just filing paperwork?

Conveyancing in Freshwater Bay could take more time. Homeward Legal aim to reduce their impact whenever possible. Delays may include slow third parties such as landlords or managing agents.

Q.

Is there anything we can do to hold off paying for stamp duty to HM Revenue?

A.

SDLT is due on purchases priced at over £125,000. We do not recommend clients arrange any stamp duty avoidance, as such schemes are highly expensive and , if the scheme fails, you may be charged a penalty of up to 100% of the stamp duty amount owed. There have been a small number of government-sponsored schemes, such as higher thresholds for first-time buyers.

Q.

Are there many conservation areas in Freshwater Bay?

A.

Areas considered to be of special architectural or historic interest, like country house estates, may be defined as conservation areas. Your conveyancing solicitor will be able to advise further, in regard to relevant conservation area restrictions in Freshwater Bay.

Q.

How many weeks does it take our conveyancer to accomplish the legal process on the top floor of Thirties property we hope to buy?

A.

The conveyancing process can take anywhere between a month and twelve weeks depending on various things for example the speed of the vendor's property lawyer, or the completeness of the management information.

Q.

Which local authority looks after Freshwater Bay?

A.

Freshwater Bay is located in Isle of Wight Council, County Hall, Newport, Isle of Wight, PO30 1UD, Call: 01983 821 000

Q.

Does the Freshwater Bay conveyancer get any conveyancing searches on the Isle of Wight Fifties detached property I want to buy?

A.

Standard procedure will be to obtain Local Authority Search, Drainage and Water Search and Environment Search and, depending on certain criteria, specific local Freshwater Bay searches for instance Subsidence report.