2019-08-27
While we’re on the brink of a Remortgage Surge, it’s a perfect time to remind you of the alternative to Lender free legals for your client’s conveyancing.
Over the last few years, Lender free legals have received bad reviews in the press. And, while they still exist, we’d like to share another option that benefits both you and your client.
Why not source on cash back, and pair with our Fixed Price Remortgage product.
Read below for our comparison on how you and your client will benefit:
Cashback vs free legals – the comparison
Using a cash back product and our Fixed Price Remortgages:
✔ Solicitor acts for both the client AND the lender's best interests
✔ You have sight of the whole transaction with real-time case tracking and notifications
✔ Great service from our suppliers and added in-house support from our Customer Service team, should you need it
✔ The opportunity to earn up to £300 on referral fees
✔ Additional legal work can be done at the same time (if required). We have a set list of supplements, so your client knows exactly where they stand
Using Lender's free legals:
X The Solicitor acts on behalf of the lender's interests only
X Lack of updates/no updates on the Conveyancing (depending on the supplier)
X Often poor service, with no access to additional support
X Free legals offer no additional referral fee to the intermediary
X There are often barriers to additional work, with some free legal suppliers refusing. If they are willing to do the extra work, it is often expensive
Need we say more? Try our Fixed Price Remortgage products today
Read more about our Fixed Price Remortgage deals: https://sortrefer.co.uk/fixed-price-remortgage
View our video explaining the benefits of using our Fixed Price Remortgage deals with a cash back product: https://www.youtube.com/watch?v=sXICEzSmwtU&feature=youtu.be