Head Office 01206 577 266 | Head Office Fax 08717 334 367 | Email us office@hdconsultants.net 
There's no doubt that to many, a free valuation and legal package for a remortgage is an attractive feature. Why wouldn't you - everyone likes free things! 
However, broker's hearts sink when a client opts for this. We know that there are going to be service issues that can reflect on us through no fault of our own. Lenders panel out the legal instructions to single firms who have no incentive to getting the case done quickly and efficiently. The case tends to drag on and on, and there's very little that the broker firm can do about it; the phone handlers at the solicitors are fielding calls all day long, asking when will completion take place. Brokers, mortgage administrators and clients alike boil over with frustration at the lack of action and the inability to speak to anyone that might be able to influence any sort of outcome. Being on hold for 40 minutes or more is not unusual. 
 
So what can you do? Ask your broker at the outset for lenders who offer a cashback option instead. They'll probably still offer a free valuation, which is great, but they'll also offer a cashback of something like £250 or even £500 on completion. Most brokers have a trusted panel of solicitors who can provide a good service at a reasonable cost. We have solicitors who can offer a fixed price BTL remortgage for £375, which includes leasehold properties. This is an absolute bargain for London properties. Remortgages for residential property are even cheaper. You might even make on the deal. 
 
If this is of interest to you and you’d like a no obligation informal conversation with a qualified broker, please get in touch with me, John Constant, on 07751 042485 or email john@hdconsultants.net 
Tagged as: Legal, Solicitors
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H D Consultants. Contact details here Live Chat webpage here Broker Log In / BrokerCentre here 
 
Head Office address; 109 Maldon Road, Colchester, Essex CO3 3AX (Administration Centre only) 
 
Your home may be repossessed if you do not keep up repayments on your mortgage. 
 
We normally charge a Professional Client Fee for mortgage advice. The amount will depend on your circumstances. A typical fee would be £500. The actual Professional Fee may be more or less than this, and is subject to a full Fact Find discussion and research process. H D Consultants is an Appointed Representative of PRIMIS Mortgage Network. PRIMIS Mortgage Network is a trading style of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority. Registered Office: Preston House, 163 High Street, Crowthorne, Berkshire, RG45 7AF. Registered in England & Wales. Company Registration Number 4952586. This site is for UK Consumers only. Website Terms and Conditions click here for our Privacy Policy. GDPR Privacy Policy - click here (PDF download / view) This site contains third party links. By clicking these links you will depart from the H D Consultants' regulated site. H D Consultants accepts no responsibility for the content of these sites.. The Financial Conduct Authority does not regulate some of the services listed. H D Consultants, mortgage and life insurance advisers, is authorised by the FCA no 403701. Our in house Wills and Trusts Practice is a long standing Member of the Society of Will Writers and Estate Planning Practitioners.  
FP Ref: 1425988 / 28.01.2021 
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