GWlegal issues remortgage guarantee

Published on

GWlegal has launched a “cast-iron” remortgage guarantee, where the fee quoted on day one will be the fee paid on completion.

The new guarantee applies to the fee quoted by GWlegal for its own legal work (excluding third-party disbursements). 

Emma Hall, head of sales at GWlegal, said: “Our broker partners and their clients deserve clear, transparent pricing that doesn’t creep up as the case progresses.

“I hear too many cases of firms offering low, so-called ‘fixed fee’ quotes to secure the business, before increasing costs further down the line, when it’s difficult for the client to pull out.

“Our remortgage guarantee gives clients total upfront payment security. No matter how long the case takes and whatever is thrown up during the conveyancing process, they pay the legal fee we initially quoted.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Other news

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information...

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...