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Conveyancing in Godshill Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 09/10/17

Read all about the area ;

Godshill's closest station is Shanklin. Godshill's nearest airport is Sandown IoW Airport (3 miles). Southampton Airport is 23 miles, Bembridge IoW Airport is 8 miles and away.

Q.

Godshill attractions and landmarks

A.

St Catherines Lighthouse, Appuldurcombe House English Heritage and Wroxall IOW Owl and Falconry Centre Bird of Prey Centre are near to Godshill.

The most convenient hospital for Godshill is St Marys Blackwater.

Q.

How do we get affordable conveyancing?

A.

Various solicitors offer supposedly 'the cheapest conveyancing quotes', but extra charges will be included in small print. Extra fees included in your solicitor's terms needs to be fair. A quote for conveyancing in Godshill must also state applicable disbursements.

Q.

How is contaminated land in Godshill investigated during the conveyancing process?

A.

Land in Godshill could be contaminated by several natural causes, and an environmental search should reveal whether a property can be impacted by contaminants in Godshill such as local waste transfer sites or radioactive substances in the region.

Q.

Is your panel of solicitors experienced enough to move quickly on the conveyancing for auction properties in Godshill?

A.

The legal team work with auctioneers throughout Isle Of Wight and frequently get instructed by auction buyers and sellers. It is highly recommended for bidders to decide on a an experienced lawyer as ahead of time as they can to allow adequate time for a full investigation of the auction legal papers well before the date of the auction.

Subsequently, immediately after the auction your instructed property lawyer will be able to concentrate on completing the legal side of things within the usual 28 days as typically required .

Q.

Could the conveyancing quote in Godshill cover any hidden fees?

A.

No. Homeward Legal do not hide any hidden charges for Godshill conveyancing.

Q.

Lloyds TSB Scotland is our lender, what do we need to check?

A.

When taking out a mortgage, a mortgage provider will need legal work to be undertaken in relation to the mortgage. Buyers should be aware that some lenders are now reducing their 'solicitor panel'. For purchasers, this can result in significantly greater conveyancing costs. Homeward Legal, though, will act on behalf of all major lenders.

Q.

I am buying a £1045000 property in Godshill, what will be calculated for Stamp Duty Land Tax?

A.

The Stamp Duty rate you must pay will rely on the valuation. Stamp duty will be £52250 on a £1045000 property (accurate March 2013).

Q.

As a consequence of the fact that last year was second wettest year since on record I am questioning whether flood searches won't be sufficient?

A.

A competent property lawyer in Godshill will suggest that you also get informative conveyancing and environmental searches if the environmental searches spots a Godshill flood risk.

You could also contact a neighbour or local resident for that further local information if you are still worried.

Q.

Do you advise that we get a chancel search if we are buying a property close by church land in Godshill?

A.

Where land in Godshill was once owned by a lay-rector, new owners of that property may be obliged to contribute towards upkeep of nearby church land. Liability has the potential to impact the value of a property, but insurance is available should an obligation to fund repairs be enforced. Ecclesiastical properties in this area include All Saints and St Giles.