I have just started taking steps with the intention of porting my current residential loan to a Buy to Let Yorkshire Building Society mortgage. I was told by my financial advisor that I require a conveyancer as part of the process. I had a chat my former Pound Hill conveyancing firm who who did the conveyancing when I initially purchased the premises. The fee calculation sent of just over five hundred pounds has taken me by surprise as its a remortgage than a sale or purchase.

The estimate does seem a tad steep. If you shop around you might shave off some of the expense by as much as £125. On the other hand, if you were content with the assistance the firm offered you maylive to regret opting for an a cheaper solicitor. Remember to be sure that the conveyancer can also act for Yorkshire Building Society. Do employ our search tool to select a Pound Hill conveyancing firm on the Yorkshire Building Society member panel, which can often include conveyancing solicitors in Pound Hill.

I am assisting my niece sell her flat in Pound Hill. Will the conveyancing solicitor arrange the energy performance certificate or should I organise this?

Following the abolition of Home Packs, energy assessments remained a compulsory element of moving house. An energy performance certificate needs to be commissioned prior to the property being advertised. This is not a task that lawyers ordinarily arrange. If you are using a Pound Hill conveyancing solicitor they might help arrange energy assessments given their contacts with reputable Pound Hill providers

When it comes to mortgage companies such as Nottingham, do Pound Hill conveyancers incur a fee to be on the list of approved solicitors?

We are not aware of any bank fees to register on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.

Virgin Money have agreed my home loan in principle, my offer on a flat in Pound Hill has been agreed to, now what?

The property agent will wish to be advised as to your solicitor's details (make sure the lawyers are on the bank’s approved list). Call up Virgin Money or the broker and complete any outstanding paperwork. Virgin Money will sellect a valuer who will get in touch with the selling agent or vendor to book a time for the valuation to happen. Once conducted (assuming no problems) it takes on average ten days for the mortgage offer to be issued. Virgin Money will send the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Pound Hill.

I'm buying a new build house in Pound Hill with a loan from Platform Home Loans Ltd. The sellers refused to budge the amount so I negotiated 6k of fixtures and fittings instead. The property agent told me not disclose to my lawyer about the deal as it will put at risk my mortgage with the bank. Do I keep my lawyer in the dark?.

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 house in Pound Hill in advance of appointing solicitors. I have been informed that there is a flying freehold aspect to the house. Our surveyor has said that some banks may refuse to issue a mortgage on a flying freehold home.

It depends who your proposed lender is. Lloyds has different requirements from Halifax. If you e-mail us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Pound Hill. Conveyancing may be slightly more expensive based on your lender's requirements.

In searching the web for the phrase conveyancing in Pound Hill it reveals many property lawyerslocally. How do I determine which is the suitable conveyancing solicitor for purchase transaction?

The ideal method of finding the right conveyancer is through a personal referral, so seek the opinion of friends and family who have bought a property in Pound Hill or a local estate agent or financial adviser. Fees for conveyancing in Pound Hill differ, so it's sensible to request a minimum of four costs illustrations from different solicitors. Be sure to obtain confirmation that the fees are fixed.