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Hidden fees - completion statement

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Comments

  • kingstreet
    kingstreet Posts: 39,406 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    user1977 said:
    Ksw3 said:
    It was detailed on our mortgage offer 
    No, that's purely a notional amount which the lenders put in their offers (as they need to be realistic about the fact that some legal fees will be required). It's got nothing to do with whether your solicitor actually charges a separate amount (or how much that amount is), or bundles it into their overall fee for the purchase.
    An estimate is shown as it forms part of the APRC calculation.
    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.
  • Ksw3
    Ksw3 Posts: 405 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Numbers were a little different about £20 but it said it was an estimate, hence we looked it up. 
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