As a homeowner, at some point you may wish to consider remortgaging – either to take advantage of a better mortgage deal or to release money from your property. And with different mortgage providers offering different deals, you may wish to consider changing to a new lender.
Quality solicitors property solicitors have extensive experience in new mortgages, mortgage debt, current mortgage deal and mortgage repayments.
Remortgaging
In short
Remortgaging means switching your mortgage — either to a new lender, or to a new deal with your existing one — to get a better rate, release equity from your home, or reflect a change in your circumstances. We handle the legal side quickly and clearly, with no confusing jargon. Call 08082747557 for a free initial assessment.
Why homeowners remortgage
- To move onto a more favourable interest rate, whether fixed or variable
- To release equity, borrowing against an increase in your property’s value
- Because your financial circumstances have changed, and you need lower monthly repayments
- To shorten your mortgage term, or take advantage of early repayment options
- Because your current deal is ending and your lender’s standard variable rate is no longer competitive
Thinking about remortgaging? Call 08082747557 and we’ll take care of the legal work.
What the legal process involves
We’ve worked with a wide range of mortgage providers on remortgage applications, whatever type of deal you’re moving to. We handle the paperwork, carry out the necessary legal checks, and review the terms of your existing mortgage to flag anything — such as an early repayment charge — that could catch you out, explaining everything in plain language rather than legal jargon.
If you’re remortgaging to release funds for another property purchase, see our full guide to conveyancing, and if the property is leasehold, it’s worth checking our leasehold properties guidance too, since a short lease can sometimes affect your remortgaging options.
Related Services
- Get help with a related property purchase Conveyancing
- Get a conveyancing quote Conveyancing Quote
- Understand your position as a leasehold owner Leasehold Properties
- Buy a property to let or invest in Investment and Buy to Let Properties
- Formally transfer ownership of a property Transfer of Title