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.

📨 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!

Which document is correct?

mralexjohnson
mralexjohnson Posts: 3 Newbie
edited 26 April 2015 at 8:00PM in Mortgages & endowments
I have received two KFIs — one from my broker and the other from the bank.

Those two documents are identical expect for legal fees — KFI paper from the broker says that I do NOT need to pay a valuation fee to the bank or a legal fee to my conveyancer.

So, which one should I trust?

Thanks a lot!

Comments

  • Contemptuous
    Contemptuous Posts: 516 Forumite
    Are you remortgaging?
    Slummy mummy!
  • TravelBugHappy
    TravelBugHappy Posts: 88 Forumite
    Somebody must have made a mistake.

    but if you dont know then we sure can't tell you - contact your broker
  • Dave_Ham
    Dave_Ham Posts: 6,045 Forumite
    Tenth Anniversary Combo Breaker
    edited 26 April 2015 at 9:17PM
    Have you only spoken to a broker or gone into branch too?
    I am a Mortgage Broker
    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it.
    This signature is here as I follow MSE's Mortgage Adviser code of conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • amnblog
    amnblog Posts: 12,769 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Dave_Ham wrote: »
    Have you only spoke to a broker or gone into branch too?

    Good point Dave
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • mralexjohnson
    mralexjohnson Posts: 3 Newbie
    Contemptuous wrote: »
    Are you remortgaging?

    No, I am FTB.
  • mralexjohnson
    mralexjohnson Posts: 3 Newbie
    Dave_Ham wrote: »
    Have you only spoken to a broker or gone into branch too?

    I only spoke to my broker.
  • Contemptuous
    Contemptuous Posts: 516 Forumite
    mralexjohnson wrote: »
    No, I am FTB.

    Then it is extremely unlikely that you won't incur valuation and legal costs.
    I would imagine your broker has made a mistake, but best to double check.
    Slummy mummy!
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture