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Author Remortgage Legal Costs
James
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Registered: 1st Jun 02
Location: Surrey
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26th Apr 13 at 23:23   View User's Profile U2U Member Reply With Quote

What's the going rate?

I've had 3 quotes, £670, £750 and £825.

This seems a lot to me. Although my place is leasehold, which I know adds a bit of cost.
VegasPhil
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Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
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27th Apr 13 at 10:02   View Garage View User's Profile U2U Member Reply With Quote

They charge what they want for not a lot of work


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Daniel_Corsa
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Registered: 21st Apr 04
Location: Wigton, Cumbria
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27th Apr 13 at 13:01   View Garage View User's Profile U2U Member Reply With Quote

Ours couple years ago was £700ish


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Haimsey
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Registered: 8th May 05
Location: Nottingham Drives: Corsa B
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28th Apr 13 at 05:29   View Garage View User's Profile U2U Member Reply With Quote

Usually £450.00 + VAT (+ disbursements) at our in house firm.


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Toby
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Registered: 29th Nov 05
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28th Apr 13 at 06:38   View Garage View User's Profile U2U Member Reply With Quote

I paid under £500 to buy a house 4 years ago, paid £600 just to have the ex Mrs removed from the deeds which is a joke but conveyancy fees have gone through the roof!

Out of curiosity, why do you need a solicitor to remortgage? I don't know anything about leaseholds but if you have more time remaining than what your looking for the mortgage for you shouldn't need a solicitor.
James
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Registered: 1st Jun 02
Location: Surrey
User status: Offline
28th Apr 13 at 10:47   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Toby
I paid under £500 to buy a house 4 years ago, paid £600 just to have the ex Mrs removed from the deeds which is a joke but conveyancy fees have gone through the roof!

Out of curiosity, why do you need a solicitor to remortgage? I don't know anything about leaseholds but if you have more time remaining than what your looking for the mortgage for you shouldn't need a solicitor.


It's a requirement whether it's leasehold or freehold. They handle the money transfer between lenders.
AndyKent
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Registered: 3rd Sep 05
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28th Apr 13 at 11:04   View User's Profile U2U Member Reply With Quote

I've just extended my lease and the variation in deeds charge from the bank was only £100.

In theory the solicitor only has to write to the banks telling them the change in mortgaging company and they agree to it. Money for rope tbh.
Toby
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Registered: 29th Nov 05
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28th Apr 13 at 12:52   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by James
quote:
Originally posted by Toby
I paid under £500 to buy a house 4 years ago, paid £600 just to have the ex Mrs removed from the deeds which is a joke but conveyancy fees have gone through the roof!

Out of curiosity, why do you need a solicitor to remortgage? I don't know anything about leaseholds but if you have more time remaining than what your looking for the mortgage for you shouldn't need a solicitor.


It's a requirement whether it's leasehold or freehold. They handle the money transfer between lenders.


Didn't realise you we're looking to swap providers. I got charged 150 + VAT to handle the transfer etc. not sure if that's good or bad. I would expect it was expensive but the solicitor looked after me in the past so was happy with that.
James
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Registered: 1st Jun 02
Location: Surrey
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29th Apr 13 at 12:48   View User's Profile U2U Member Reply With Quote

Had a quote of £450 for some firm based up North

Reviews seem good and it's a pretty straightforward case, so it should be ok.....right?
dannymccann
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Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
30th Apr 13 at 07:01   View User's Profile U2U Member Reply With Quote

YBS said to me it's roughly £500 for legals, I'm middle of the country, so it's probably fine

 
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