Legal transfer service

Question from Robb updated on 20th January 2017:

Is it wise to use the free legal transfer service offered by Kiwibank when refinancing (rather than paying for your own conveyancing)?

Our expert Kris Pedersen responded:

Personally, I'm not really a fan. You are dealing with hundreds of thousands of dollars and I believe in doing so you want good experts on your side which means involving a solicitor. While refinancing can be quite transactional a good solicitor will also make recommendations on what can maybe be improved in regards to your set up at the same stage.

 

Kris Pedersen of Kris Pedersen Mortgages is a commentator on property and finance. His team sources top finance strategies. www.krispedersen.co.nz

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