Remortgaging

Remortgaging can have many benefits financially by moving your mortgage to a lender with a better rate, borrowing more against your home or reducing the amount you owe, but it’s important to remember that this remains a legal transaction (essentially one mortgage lender selling their share of your home to another mortgage lender). As such, it’s important to make sure your interests are covered during the process – our expert team can make sure this is the case.

Finding the right remortgage deal for you and your circumstances takes a lot of research – thankfully there are many comparison sites on the Internet and brokers who can help you really understand the full costs of the deals you are considering. Brokers typically will not charge you for their service, but will be paid by the ultimate mortgage provider – it’s worth checking their impartiality just to make sure they really do offer you the best deal.
It can also be worthwhile contacting your current mortgage supplier to see if it is willing to move you to a more advantageous deal.

Once you’ve found the right deal for you, you should contact our team of specialist remortgaging experts, who will explain how we can help you through the process. Whilst the procedure for a remortgage is simpler than for an original purchase because the title deeds remain in the same name, there are still a number of important legal actions that must be undertaken.

Whether you are staying with your existing lender or going to a new one, a valuation of your home will be needed and a full mortgage application form completed.

Our role is to ensure everything is in order from a legal point of view -  checking the deeds and any other documentation such as charges on the property, conducting the local authority searches and acting as the intermediary for repaying the existing mortgage and transferring funds for the new remortgage.

Our remortgage team will give you affordable and jargon-free advice at every stage of the process and ensure the transaction will be conducted as quickly and smoothly as possible.