We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Solicitor's bill has come through - OMG!?!?!
EatingGlitter
Posts: 148 Forumite
I just got a very harassed phone call from my other half.
The mortgage we went with had a product fee where they would cover our legal fees, standard telegraphic fees etc leaving us to only pay for the searches, registration etc.
They have sent us the bill and it's like nearly £3k! I haven't seen it for myself but I've been told it includes:
* Stamp Duty - We're first time buyers and the house is under sd threshold. Exempt right?
*Legal fees - These were supposed to be covered by Nationwide!
*Chancel Insurance/Indemenity - When we already knew that we wouldn't need this and told them.
* Local Authority Search - This is coming up at £173+VAT when I know our area only charges £50!
We were also advised before ANY charges were added they would inform us. When I spoke to them on Monday they said that we were fine, no other charges etc and then all of a sudden this!
I can't see the full extent of it at the moment but OMG...
The mortgage we went with had a product fee where they would cover our legal fees, standard telegraphic fees etc leaving us to only pay for the searches, registration etc.
They have sent us the bill and it's like nearly £3k! I haven't seen it for myself but I've been told it includes:
* Stamp Duty - We're first time buyers and the house is under sd threshold. Exempt right?
*Legal fees - These were supposed to be covered by Nationwide!
*Chancel Insurance/Indemenity - When we already knew that we wouldn't need this and told them.
* Local Authority Search - This is coming up at £173+VAT when I know our area only charges £50!
We were also advised before ANY charges were added they would inform us. When I spoke to them on Monday they said that we were fine, no other charges etc and then all of a sudden this!
I can't see the full extent of it at the moment but OMG...
0
Comments
-
In the initial contract you signed did it state a figure?0
-
Give them a ring as soon as possible to clarify the situation.
No you shouldn't be paying Stamp Duty if you are both first time buyers at £172k.0 -
Are they claiming the maximum to stop the risk of an issue at completion, and then refunding the partial amounts back?0
-
Deleted message0
-
I would keep cool. There will be a reasonable explanation for most of it.0
-
Argh, the worst thing is I've tried to call the blinking solicitors just so I can ask what the bill is and they won't even answer the phone! Such poor service.0
-
just tell them your FTBers... job done... stop flapping!Plan
1) Get most competitive Lifetime Mortgage (Done)
2) Make healthy savings, spend wisely (Doing)
3) Ensure healthy pension fund - (Doing)
4) Ensure house is nice, suitable, safe, and located - (Done)
5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)0 -
EatingGlitter wrote: »Argh, the worst thing is I've tried to call the blinking solicitors just so I can ask what the bill is and they won't even answer the phone! Such poor service.
Would it not be sensible to chill out, wait until you get home and read the bill for yourself.
Then, tomorrow, having chilled a little, call the solicitor and ask him/her to walk you through the items and you can discuss if it's right or not.What goes around - comes around0 -
LOL. I have done. They said "Oh, are you? We'll send you the declaration."just tell them your FTBers... job done... stop flapping!
That's £1700 odd knocked off straightaway....
I rang and said I was a little confused about a few things (Calmy may I add!) and it looks like my OH has read things wrong again...argh. I wish he'd let me read these things and not doom and gloom them over the phone to me!0 -
We've just had the same. H opened the post to a mortgage redemption statement with a £7500 early repayment penalty. I nearly died!
Phoned them up, if we complete the day after, it's zero!
Don't worry, I know the exact feeling of having your
Heart in your mouth even when you know it's wrong
Everything that is supposed to be in heaven is already here on earth.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards