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Free standard legal fees or £500 cashback?

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Comments

  • user1977
    user1977 Posts: 18,179 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    didn't receive anything from legal team except mortgage offer letter and deed e-mail to sign.  Should I be getting copy of anything else?  such as search report or valuation report? 
    Any valuation or searches are purely for the benefit of the lender, not you, so there's no particular reason why you'd get a copy.
  • kingstreet
    kingstreet Posts: 39,315 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Cashback. Always.

    Lenders pay about £35 fee for "free legals" cases and often the service, or lack thereof, makes that apparent.

    Contract your own accountable firm and get decent service and turnaround times.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • I use a firm that charges £299 for resi remo and £399 for btl. Extra for leasehold.  Either way, lenders offering £350 or £500 cashback will cover majority of cases.

    I can then call 1 case handler abd deal with any issues on any of my cases ay once. 

    So much better than waiting on hold to a lenders conveyancer for an hour to be told the solicitor is busy and I'll be sent an email that i never get 
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