I'm in the process of porting my current residential mortgage to a BTL Leeds Building Society mortgage. I was told by my mortgage that I require a lawyer as part of the process. I had a chat my past Usk conveyancing firm who acted on my behalf when I initially purchased the premises. The fee estimate supplied of £550 is surprising as its a remortgage than a sale or purchase.

The estimate does seem a tad steep. If you are happy to invest time scrutinising quotes you might decrease the fees slightly by say a hundred pounds. On the other hand, if you were satisfied with the assistance the firm gave you couldlive to regret choosing an an unknown lawyer. Remember to enquire that the solicitor can also act for Leeds Building Society. Do utilise our search tool to choose a Usk conveyancing firm on the Leeds Building Society approved list of lawyers, which can often include conveyancing solicitors in Usk.

We are expecting a mortgage offer soon. The lender mentioned the mortgage came with free conveyancing. Does this mean I have to instruct their panel lawyer as I would much rather appoint a Usk based conveyancing firm?

Do check but the chances are that appoint one of their panel solicitors if you take up the "fee-free" deal. Call the bank to check if they offer you a cash alternative. Some lenders have previously offered a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor in Usk.

My colleague suggested that where I am purchasing in Usk I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

A search of this type is sometimes quoted for as part of the standard Usk conveyancing searches. It is a large report of more than thirty pages, listing and detailing significant information about Usk around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Usk Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Usk Education with plans and statistics, Local Amenities and other useful data concerning Usk.

I am buying a new build flat in Usk. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Usk

Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are surveyor prepared.

We are expecting to exchange on the purchase a house in Usk but as a result of wreckage from the recent storms I have negotiated compensation from the vendor of £2k in the form of a deduction in the price. I had intended this to be dealt with as part of the conveyancing process but the bank will not permit this. Why were they informed?

Your lawyer that is on the bank conveyancing panel is required to inform the bank of any amendments to the purchase amount. If you did not allow your solicitor to disclose the reduction to your mortgage company then they would have to refrain from acting for you and the lender.