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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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or call us: 0800 038 6699


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Conveyancing in Ventnor Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 12/01/17

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.

Q.

Ventnor area information

A.

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.

Q.

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

A.

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.

Q.

What sort of scrutiny as respects the potential risk of possible flooding in the Isle Of Wight region will the Ventnor conveyancer give an account of?

A.

A solicitor will carry out formal conveyancing searches that incorporate Ventnor historical flood risk data.

Q.

We are intending to buy in Ventnor. How do I confirm that the property is in a designated conservation area?

A.

Conservation areas characterise areas of historic or architectural significance. The local council will be able to offer more information about local conservation areas, and the solicitor handling your purchase will discuss the relevant responsibilities.

Q.

Is your panel of solicitors set up to move quickly on auction conveyancing in Ventnor?

A.

In fact we put together legal documentation for vendors and regularly get instructed by sellers at auction. It is sensible for purchasers to appoint a local lawyer as fast as they can so there is time for a full review. well in advance of the auction day itself.

Subsequently, immediately after the date of the auction, a property lawyer will need to be able to concentrate on rapidly conclude the purchase legal work in under 28 days as typically required by the terms of sale.

Q.

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

A.

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.

Q.

Which local authority is responsible for Ventnor?

A.

Ventnor is located in Isle of Wight Council, County Hall, Newport, Isle of Wight, PO30 1UD phone: 01983 821 000

Q.

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

A.

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

Q.

Alliance and Leicester is our lender - what do I need to be aware of?

A.

When taking out a mortgage to buy a property, your lender will require legal work to be carried out on their behalf. Over the last two years, some lenders have limited the number of solicitors who can act for them. Homeward Legal can act on behalf of all major mortgage lenders.

 
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