I am in the throes of switching my existing standard loan to a Buy to Let lend mortgage. I was told by my mortgage that I need a lawyer as part of the process. I had a chat my former Llanfyllin conveyancing practitioner who dealt with the legals when I previously bought the premises. The fee calculation e-mailed to me of just over five hundred pounds is surprising as I am not require purchase conveyancing - it’s simply a bog-standard refinance.

The estimate does seem a tad overpriced.If you are happy to expend time scrutinising quotes you might get the conveyancing a bit cheaper by as much as a hundred pounds. That being said, providing that you were pleased with the assistance the firm gave you maylive to regret opting for an an untested conveyancer. Remember to be sure that the solicitor can act for . You can make use of our search tool to find a Llanfyllin conveyancing firm on the approved list of lawyers, which can often include conveyancing solicitors in Llanfyllin.

I'm purchasing a new build house in Llanfyllin with a loan from . The sellers refused to budge the price so I negotiated 6k of extras instead. The house builders rep suggested that I not disclose to my solicitor about this extras as it could adversely affect my mortgage with the lender. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Due to the guidance of my in-laws I had a survey completed on a property in Llanfyllin ahead of instructing lawyers. I have been told that there is a flying freehold aspect to the house. The surveyor has said that some banks tend not grant a loan on this type of premises.

It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. If you call us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Llanfyllin. Conveyancing may be slightly more expensive based on your lender's requirements.