Nationwide legal fees v Chancellors

oxfordmark

Hello

The mortgage i am looking at with Nationwide offers "free legal fees". I spoke to Chancellors and they can do this:

Total Legal Fees (purchase fee and VAT) £768.00

They also will be providing:
Search pack
Land registry search
Bankruptcy search
Land registry fee
Stamp Duty

Total cost for all £2,703.58

Am i able to take Nationwide's legal fee offer up (or £250 cashback) and just get Chancellors to do the various searches?

Thanks

tim123456789

Is there a reasson why you wish to do this?

Surely whoever it is that NW get to provide their "free" service will be doing searches

highguyuk

How much is your property?

Nationwides legal team (likely perhaps Countrywide) will do all the searches for you too, but you pay additional for those.

TeamLowe

we've gone with the solicitor nationwide appointed to get the free fees and we've been quoted £559.60 for all searches, admin fees etc by the solicitors they've appointed (O'Neill Patient)

so 2k seems very high for you to pay, unless that includes the stamp duty payment? ours is below the threshold but still need to do the return which is £90

oxfordmark

highguyuk wrote: »

How much is your property?

Nationwides legal team (likely perhaps Countrywide) will do all the searches for you too, but you pay additional for those.

Hello

The property is £215k

oxfordmark

TeamLowe wrote: »

we've gone with the solicitor nationwide appointed to get the free fees and we've been quoted £559.60 for all searches, admin fees etc by the solicitors they've appointed (O'Neill Patient)

so 2k seems very high for you to pay, unless that includes the stamp duty payment? ours is below the threshold but still need to do the return which is £90

Hello

the total price i quoted included stamp duty, legal fees and Disbursements
. Legal fee's alone were £768 inc VAT. Nationwide would pay the legal fees though?

Mark

tim123456789

oxfordmark wrote: »

Hello

the total price i quoted included stamp duty, legal fees and Disbursements
. Legal fee's alone were £768 inc VAT. Nationwide would pay the legal fees though?

Mark

No they wont. They'll put you with their chosen solicitor who will do the work for you, for free. Not quite the same thing

oxfordmark

We decided to do it through Chancellors. Had a call from the solicitors already

Yorkie1

Why Chancellors?

Are they linked to the EA or something?

oxfordmark

Yorkie1 wrote: »

Why Chancellors?

Are they linked to the EA or something?

Hey

Chancellors are thr estate agent.

Yorkie1

oxfordmark wrote: »

Hey

Chancellors are thr estate agent.

Did you get quotes from other, independent, recommended solicitors?

The standard advice on here is not to use EA recommended solicitors - they will be paying the EA a referral fee, which you end up paying in your costs. There is no independent assessment of quality.