Remortgaging often requires instructing a solicitor, our residential property team would be pleased to act for you when you take out a new mortgage. In most cases a solicitor will act for both mortgage lender and borrower (i.e. the person taking out the mortgage) and we are on the panels of all the mainstream banks and building societies.
We are able to act on investment properties (‘buy to let’) and owner / occupier properties.
For remortgage purposes, many mortgage companies will not require local searches to be carried out. Instead, they will rely on search insurance. This can significantly reduce costs and time and most remortgages can be completed very quickly depending on the conditions to be satisfied. For example, the bank’s valuer might highlight certain works to be carried out before drawdown or points that the solicitor needs to confirm prior to completion.
How our remortgage solicitors can help you:
- Our team of residential property lawyers are highly experienced in dealing with remortgages. Transfer of equity can be complex, so our expert solicitors will ensure that your matter is handled with the expertise required, giving you comfort and peace of mind