Conveyancing cost for a mortgage I currently own

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  • Conveyancing cost for a mortgage I currently own

    Hi,
    I have bought/sold many times but this is the first time I have tried to mortgage a property I already own outright. The property was bought at auction with cash (just over 6 months ago), renovated, and now I plan to mortgage (BTL) and let it out.
    How much should it cost to conveyance the mortgage?
    - I have been quoted over £500 + disbursements, which is about what I pay to buy or sell a house - surely there is much less work just to conveyance the mortgage alone?

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