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Fixed Price Remortgage Legal Pack

 

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TFC Homeloans offer a fixed price legal remortgage pack for England, Wales and Scotland on loans up to £500,000.

You can add a fixed price remortgage legal pack on freehold, leasehold, buy to let, and right to buy products from any of our eight branded lenders. The process is underpinned by London & European's all-inclusive Title Insurance Policy and supported by a TFC Homeloans' approved panel of solicitors.

Costs:
• £399 in England & Wales (including VAT and standard disbursements)
• £499 in Scotland (including VAT and standard disbursements)

Broker Benefits:
• £50 cashback paid to brokers on every case that completes successfully (for a limited time only).
• Significantly increase the speed of remortgage transactions with most remortgages completing within 20   days of offer.
• Reduce completion times to days not weeks, ensuring fewer cancellations and less unnecessary work.
• Faster transactions mean you receive your fees faster.
• Have more satisfied clients who could be saving hundreds of pounds.

The process:
1. Submit your application to TFC Homeloans, marked TFCLP
2. TFC will key the case on and provide details to L&E
3. L&E will instruct the solicitor electronically straightaway

Once instructed a 'Welcome Letter' will be sent to the borrower along with the Mortgage Deed. The 'Welcome Letter' will detail a target completion date. A request for redemption statements is sent to the outgoing lender. The solicitor will then request funds for completion.

Please note, after carrying out initial investigations there may be cases which are more complex, for instance if a case requires a transfer of equity. A separate process and pricing structure will apply to these cases and details will be provided on application.

Find Out More
If you would like to take advantage of our fixed price remortgage pack for a forthcoming application please speak to our New Business Team on 08456 444 222 who will be happy to discuss the case with you.

The TFC Homeloans Legal Pack is available to intermediaries who are authorised by the FSA. It is the responsibility of the intermediary to ensure compliance with FSA rules when recommending this offer to customers. In particular it is your responsibility to ensure that you comply with the FSA's requirements for Treating Customers Fairly and that you make full disclosure of introductory incentives and procuration fees. The Legal Pack offer is available for standard remortgage transactions were only one charge is registered against the property and provided the transaction proceeds to completion. Any additional fees applicable to a transaction will be notified to the borrowers prior to completion. This offer can be withdrawn without notice.

 
   
   
   
   
   

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