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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: 17/07/17

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

A.

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.

Q.

Should you get a chancel liability search? I am buying a maisonette close to a priory built in the 15th Century in Ventnor.

A.

Where land in Ventnor was once owned by a lay-rector, new owners of that property may be obliged to pay for maintenance of church property in the locality. Insurance may be available to protect a buyer should a Ventnor Parochial

Church Council enforce liability. Ventnor ecclesiastical properties include Holy Trinity, St Alban and St Catherine.

Q.

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

A.

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.

Q.

Please state how to get out of paying stamp duty to HM Revenue?

A.

We do not advise conveyancing clients risk any form of stamp duty scheme, as such schemes are highly expensive and the HMRC can review a scheme up to 6 years after a sale is completed .

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.

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.

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

 
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