Remortgage
Remortgaging your property and unsure of the costs involved? Then let us guide you...
Our online quote calculator provides you with a complete breakdown of the cost involved when remortgaging your property. All you have to do is click the 'Online Quote' button, type in the value of your property and our free conveyancing quote calculator will calculate your quote in seconds.
Our online quote calculator will calculate the appropriate Land Registry fee according to your property. A fee is given for search indemnity which is accepted in most cases. Some lender may require you to submit a full set of searches. If this is the case then the search indemnity fee is subject to change and we will need to quote you independently for searches.
Choose movehomefaster and we guarantee there will be no hidden extras. If you're happy with your quote, you are simply a click of a button away from getting your remortgage underway!
Quick Guide to Remortgaging
A handy step- by-step guide to explain the stages of your transaction.
Stage One: Remortgage Agreed
Once we have received your formal instructions, we will request your title deeds from your existing lender and also request a redemption statement to find out how much is presently outstanding on your existing mortgage.
We will await your mortgage offer and check the title documentation.
Stage Two: Offer Received.
We will check review your mortgage offer and advise on any conditions on the new mortgage. Some lenders will require us to submit a full set of searches against the property and some allow for us to take out Search Indemnity Insurance.
We will forward a mortgage report to you with a Mortgage Deed for signature. We will also send a redemption statement from your existing mortgage for your approval.
Once the documentation is returned to us together with any balance payable (if applicable) we can arrange the completion. Your lender will usually require us to give them 5 days notice to draw down the mortgage funds.
Stage Three: Completion
On the day of completion we will pay off your existing mortgage (and other loans, if applicable), collect our legal fees and disbursements and will forward any remaining money to you.
We will arrange to register the new mortgage at the Land Registry. Once the title is registered we will supply a copy to you as confirmation that your existing mortgage has been removed and your new mortgage has been secured over the property.
What our Clients Say...
"Louise is very pleasant and efficient; she made it easy for me to get through a process which I had not had to do personally before. Thank you"
Mrs Shirley
