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Transfer of Equity in Godshill

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 Godshill

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Godshill 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 Godshill Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 11/01/17

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.

What causes sale conveyancing legal work to require months?

A.

The Godshill conveyancing process will occasionally be obstructed, Homeward Legal, however, understand that these can cause considerable stress and endeavour to lessen the consequences of these delays by driving the transaction forward.

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.

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.

What kind of scrutiny regarding the potential risk of local flooding in Isle Of Wight will a Godshill conveyancer report back on?

A.

A vital part of the conveyancing protocol of purchasing a property involves a solicitor conducting property environmental searches that give details about the Godshill flood risk.

Q.

Which of the lender panels in Godshill are you a member of?

A.

Most lenders in Godshill are on our solicitors' panels. Local mortgage lenders and brokers include Wight Mortgages, 42 Quay St, Newport, PO30 5BA, Lentune, 50 Gosport St, Lymington, SO41 9BB, and Holmberg Erling Trading, 7 Hope Rd, Shanklin, PO37 6EA.

Q.

Handling the legal work without the assistance of a Godshill conveyancer looks to be possible when selling a home. Would it be sensible ?

A.

It is certainly possible to look after the your own conveyancing yourself. That said, a property solicitor carries out a large array of assignments e.g. chasing deeds or apportioning service charges which require a qualified professional. In any event however, legal practices must carry professional indemnity insurance that ultimately protects you from any failures.

Q.

For fast conveyancing to buy a £731,000 property, what can we do to accelerate the transaction?

A.

Finding a proactive solicitor is the key to a fast conveyancing transaction. There are several things you can do, such as, quickly answering your solicitor's questions, keeping in regular contact with the solicitor and organising your finances, including arranging a mortgage.

 
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