Re-mortgage costs?

Coldred

Hi. I know it can vary wildly but can anyone give me an idea of average costs for a re-mortgage from a solicitor. 
We have Had one quote but seems expensive and not sure we need every service they have quoted for, for a re-mortgage.  Can anyone provide advice. Screenshot attached of quote item list. 

davidmcn

Those are all standard required items. You could of course choose a lender which throws in free legals (or a contribution to fees) if you want to keep the costs down and aren't fussy about which solicitors do the work.

getmore4less

Does your current lender not have any suitable retention deals?

RelievedSheff

A lot of lenders offer free legals as part of a remortgage. I'm assuming whoever you are using does not?

Coldred

getmore4less said:

Does your current lender not have any suitable retention deals?

Nope. Unfortunately they couldn't match some of the other providers.

Coldred

RelievedSheff said:

A lot of lenders offer free legals as part of a remortgage. I'm assuming whoever you are using does not?

They have a contribution  towards legal costs. I just want to ascertain average legal costs of a re-mortgage

davidmcn

Coldred said:

RelievedSheff said:

A lot of lenders offer free legals as part of a remortgage. I'm assuming whoever you are using does not?

They have a contribution  towards legal costs. I just want to ascertain average legal costs of a re-mortgage

Well, get more than one quote for a start. I don't know how much Shoosmiths are quoting you but they are one of the big corporate firms, so I'm not sure they'll be all that competitive for a one-off residential remortgage.

whirlyhead

I just completed a remortgage with Barclays and had to use their conveyancers (who were terrible) and paid £500 legal fees if that helps.  Didn't get any say in the matter of who to use for the legals either.