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HOME » Mortgage Advice » Re-Mortgage Legal's Incentive
INCENTIVES - FREE RE-MORTGAGE LEGALS
Incentives - Re-Mortgage Legals
The Society's may offer an incentive from time to time on selected mortgage products which includes the offer of Re-Mortgage Legals up to the value of £250 where the Society's re-mortgage scheme is used.
What's Included
- Full title check to ensure property is acceptable security.
- Check appropriate I D checks are carried out.
- Check mortgage offer and satisfy any relevant conditions.
- Obtain client signature to mortgage deed .
- Obtain clear bankruptcy and Land Registry priority search, cost covered in the fee.
- Apply for registration of the charge, including payment of required registration fee.
- The cost of obtaining local search indemnity insurance.
What's not included
- The cost of any additional searches requested in the special conditions. i.e. Mining
- Additional costs in respect of additional work covered in the table below.
Additional work |
Fees (excl. VAT) |
Transfer of Equity* |
£195 + additional registration fees |
First registration* |
£95 + additional registration fees |
Defective title* - eg dealing with Restrictions |
£130 per hour + disbursements |
Deed of Postponement* |
£145 per deed |
Simple Declarations of Trust* |
£195 |
Shared Ownership Lease* |
£195 + additional registration fees |
Deed of Guarantee |
£150 |
Drafting Assured/Shorthold Tenancy* |
£95 |
Enduring Powers of Attorney* |
£95 |
Removal of Second Charges |
No charge |
Removal of Third and Subsequent Charges |
£30 per charge |
TT of surplus funds |
£35 |
Re-assignment of life policies |
£30 |
Leasehold Cases |
Third party charges (notice fees etc) |
Administration fee for re-issuing cheques |
£25 |
Amending the Register (where necessary to comply with mortgage offer) |
£10 |
Reviewing additional title documents (if necessary to check title) |
£10 + disbursement(s) |
Obtaining copy Lease |
£10 + disbursement |
Fees correct as at 30 August 2011.
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