Skipton International is to include the conveyancing fees of both the lender and the buyer in its expat buy-to-let mortgage application price.
The fee of £1,999 will now cover the application, a standard buy-to-let valuation, Skipton’s legal costs and the legal costs of a standard conveyance using Skipton’s lawyers.
The offer excludes all disbursements, search and registration fees which remain payable by the client.
By using one law firm acting for both borrower and lender there is one less link in the chain, Skipton says conveyancing should become quicker and more convenient, all of which will greatly ease the property purchasing process.
Customers will also be able to contact the conveyancer directly.
Roger Hughes (pictured), business development manager at Skipton International, said: “We are thrilled to be able to offer this to our expat customers and pass on yet more savings. Now that our customers are able to get more for their money, this puts Skipton firmly ahead of the market on fees.
“Coupled with our award-winning customer service we would like to think we are now becoming the lenders of choice for all British expatriates.”
Applicants are still able to use their own solicitor should they wish, but will be responsible for all costs incurred.