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FEES FOR TRANSFER OF EQUITY

3 replies

Allycat · 08/04/2014 14:50

Hi there. Santander is using Enact Conveyancing to conveyance my remortgage.

At the same time, I need a transfer of equity to remove my STBXH's name from the deeds of the house.

Enact have quoted me £245+VAT to do this and also say Land Registry fees are £190+VAT.

Does this sound reasonable or should I get quotes elsewhere?

Many thanks

OP posts:
Nappaholic · 08/04/2014 19:46

Definitely NOT reasonable - it's a simple job, but they often don't seem to want the work! Try a local solicitor or conveyancer and make sure the price includes the Land registry fee, which ought to be less than £190 (no Vat) but depends on the value of the transaction. Good luck!

Allycat · 09/04/2014 00:42

Thanks Nappaholic. I'll have a ring round locally. I guess that's how they make their money, on the "extra" services required.

OP posts:
Nappaholic · 09/04/2014 21:52

I think you're right - that's what happens when the core service is cut to the bone!

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