Our conveyancing team is qualified to deal with all manner of conveyancing transactions. If you have a more unusual transaction, we will be more than happy to discuss this.

This is the process of changing the mortgage on your property to a new lender or a different deal. You may choose to remortgage for several different reasons including: 

• Your fixed deal is up for renewal.
• You’re looking to change to a mortgage repayment plan with a better interest rate.
• You want to borrow more money to make home improvements. For example, to build an extension.
• Your financial circumstances have changed. For example, you need to reduce mortgage payments due to a divorce.

The remortgaging process:

• Research your mortgage deal – find an agreement that’s right for you based on the duration, interest percentage and affordability. 
• Check any additional costs – as well as finding the mortgage costs, you should consider additional remortgaging fees such as valuation costs, early repayment charges, etc. 
• Get a decision in principle – apply for the mortgage for a soft credit check to see if you’ll likely be accepted for the mortgage.
• Apply for the remortgage – submit an official application for a hard credit check – you’ll have to send over the requested documents. 
• Instruct a solicitor to complete the legal side – your solicitor will manage your paperwork for your new mortgage.
• Review and accept your offer – if you’re happy with the mortgage once you’ve had a final check, you should accept it.
• Complete the mortgage – agree a date for your mortgage to be completed.