Remortgage – Conveyancing When Remortgaging
ConveyancingHome will handle all the legal aspects of re-mortgaging a property, ensuring a smooth process in transferring to your new lender.
Our service includes the following
Client onboarding
We will collect information from you about your transaction and verify your identity
Reviewing the existing mortgage
We will obtain details of the existing mortgage and review the terms and conditions to ensure that there are no restrictions or penalties that would prevent a borrower from re-mortgaging.
Title checks
We will check the title of the property to ensure that the borrower is the legal owner and there are no issues with the title.
Searches
We will carry out searches on the property to ensure that there are no issues that could affect the re-mortgage, such as planning restrictions or other legal issues.
Mortgage offer
The borrower will apply for a new mortgage with a new lender, and the lender will provide a formal mortgage offer. We will check the terms and conditions of the offer to ensure that they are suitable for the borrower.
Drafting the mortgage deed
We will draft the mortgage deed, which is the legal document that sets out the terms and conditions of the new mortgage.
Signing the mortgage deed
The borrower will need to sign the mortgage deed to confirm that they agree to the terms and conditions of the new mortgage.
Paying off the existing mortgage
We will liaise with the existing mortgage lender to obtain a redemption statement and pay off the existing mortgage.
Registration
We will register the new mortgage with the Land Registry and ensure that any necessary stamp duty is paid.
Approach re-mortgaging your property with confidence
Kickstart your journey to a hassle-free re-mortgage by contacting our specialist conveyancing team today. We're here to make things easy for you.
Complete the form, and let's have a conversation about your unique requirements.
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