LOW Down Standards with price collusion between attorneys and Standard Bank

<p>Standard Bank will appoint an attorney once the bond is approved. The customer cannot choose this bond attorney and the Bank allocates the lawyer from its panel.</p> <p>Some costs are fixed but there is a variable amount which is negotiable with most Bond lawyers say up to 20% or more.</p> <p>The customer cannot choose the attorney and is locked into the firm without this negotiating power. The attorney decides on the variable costs which totally disempowers the customer.</p> <p>They have making good profits with this monopoly business practice and are burdening the public with high costs.</p> <p>The change is simple, like other banks who allow you to choose your lawyer or have standards with fixed market related costs. ..so each lawyer charges the exact same rate.<br /> </p> <p>I asked for a new registrar attorney and they said the only way would be to cancel and go to another Bank.</p> <p> </p> <p> </p>