Lying 2 miles off the Hampshire coast, the Isle of Wight has been a popular holiday destination since Victorian times. Its mild climate, beautiful beaches and lack of motorways and airports, offer a relaxed way of life, yet crossing from the north of the island to mainland takes only 10 minutes by Hovercraft, making it a reasonable commute to Southampton or Portsmouth.
From town life to small villages, the Island is an ideal living choice for people looking for old fashioned community values and spirit.
The main settlements are Newport, Ryde, Cowes, Sandown, Shanklin and Ventnor.
Isle Of Wight conveyancing FAQs
What are the Council Tax bands in Isle of Wight Council in 2021?
Isle Of Wight is situated in Isle of Wight Council. Council tax bands are as follows:
|Band||Isle of Wight Council UA Council Tax (2021/22)|
Are Isle Of Wight conveyancing fees fixed?
Some conveyancing solicitors in Isle Of Wight offer services on an hourly basis others work on a fixed fee.
Your conveyancing solicitor will work on a fixed fee basis, with no unexpected 'add-ons'. Your conveyancing quote will set out what the conveyancing fees and costs will be when your house sale or purchase completes.
If, for any reason at all, your house sale or purchase does not go ahead, you are covered by a No Sale, No Fee guarantee.
I'm purchasing a house in Isle Of Wight which property searches will I require?
The search pack for a standard property includes:
- Official or Regulated Local Authority Search
- Environmental Search
- Regulated Drainage and Water Search
- Chancel liability insurance (if required)
Occasionally the initial search results will recommend further searches such as a specialist environmental search.
To see the cost of searches on a Isle Of Wight house or flat, try our conveyancing cost calculator.
I am buying a leasehold property in Isle Of Wight - what do I need to know?
Buying a leasehold house or flat in the UK requires a number of extra steps when compared to buying a freehold. The many potential complications awaiting the unsuspecting purchaser can include legally technical issues like sinking fund issues and onerous covenants.
Your conveyancing solicitor will look into all potential issues with the lease and report back to you.
What do I need to know if selling a leasehold property in Isle Of Wight?
The conveyancing process for a leasehold flat (leasehold houses are uncommon) is much more technical than it is for a freehold home.
Leasehold complexity involves extra work on the part of conveyancing solicitors in Isle Of Wight, including getting all relevant freeholder information, through to details of any disputes with the current leaseholder.
In order to resolve any leasehold delays faster, It is strongly advised that the vendor contact a Isle Of Wight conveyancing solicitor as soon as possible.
I am buying a new build property in Isle Of Wight - what do I need to know?
The conveyancing process for buying a new build in Isle Of Wight is often more complex than other types of conveyancing.
A good solicitor in Isle Of Wight must be able to deal with things like squaring developer incentives with lenders, administering Help to Buy purchases and checking new build warranties with warranty providers, including NHBC, Advantage and Checkmate.
Will I need a conveyancing solicitor if I am remortgaging my Isle Of Wight property?
Yes you will need a solicitor to handle the legal side of the remortgage.
The official UK base rate is currently set at 0.1% (Apr 2021). A good Isle Of Wight remortgage solicitor could save you a few mortgage payments on your old rate by completing the conveyancing quickly.
Conveyancers can act for most UK lenders, so whether you are you are moving to a 95% mortgage with the Royal Bank of Scotland or to a joint mortgage with the Monmouthshire Building Society, a remortgage specialist can help.
Can Quittance help with a transfer of equity on my Isle Of Wight property?
When one or more joint owners of a property transfers (gifts or sells) their share in a property, this is called a 'transfer of equity'. A solicitor can carry out the legal process for a transfer of equity, register the new owner(s) of the property and take care of any Stamp Duty paperwork. Your conveyancing solicitor can complete the process for a fixed fee.
Your next step
If you are buying, selling, remortgaging or transferring equity in a property in Isle Of Wight, we can help you find an expert conveyancing solicitor.
We work with a panel of specialist conveyancing solicitors to deliver a stress-free moving experience.
- No Move, No Fee Guarantee
- Fixed fee conveyancing service
- Isle Of Wight experts
- CQS-accredited panel solicitors
All-inclusive quote from £384 inc VAT
Puzzled by the
Frequently asked questions:
- How do I speed up the conveyancing process?
- How much Stamp Duty (SDLT) will I need to pay in 2021?
- Why do I need to check my conveyancer's lender panel status before instructing?
- What do buyers need to know about conveyancing in 2021?
Get all the answers in our comprehensive FAQ section:See more FAQs