Mortgages and Remortgage Solicitors
Pricing
We work on a fixed fee basis, so you will know exactly how much your remortgage is going to cost from the outset. If, during the transaction, there are any new developments which could lead to an additional cost, we will discuss the change in fees with you at the earliest opportunity and agree on a way forward.
Our fees increase by £50.00 plus 20% VAT per £50,000.00 increase in purchase price
For property values between £500,000.01 and £1,000,000.00 Land Registry fee £65.00
For property values over £1,000,000.00 Land Registry fee £140.00
Our fees are set out as:
Expert Remortgage Solicitors
Making the decision to remortgage your home can be just as life-changing as buying your first property.
A mortgage is a secured loan against your property when there is no current mortgage. A remortgage is when you either renegotiate with your current lender or change the mortgage on your property to a new lender. It is important to speak to a mortgage adviser who can go through the options with you and make sure you get the right deal for what you want to achieve.
The fees detailed below for a mortgage or remortgage assume the lender is a mainstream/high-street lender. Our fees will be higher than quoted below if the lender is not a mainstream/high-street lender, with additional conditions.
Why should you remortgage?
There are many reasons you may wish to remortgage, such as:
- To reduce the interest rate on your mortgage
- To fix your monthly payments and protect against possible future rate rises
- To raise money to carry out home improvements
- To raise a cash lump sum by releasing equity from your home
- Change in personal circumstances, such as a marriage or divorce
- To consolidate your debts
Why Choose Us?
We have an experienced team who understand the stress involved in remortgaging your property and know how banks, building societies and mortgage lenders work. Our approach is simple: we provide a first-class service from our expert team, who make the difference by taking the stress away from you and handling matters on your behalf.
Good communication is key to making the remortgaging process as simple and stress-free as possible for you. Our team of highly qualified solicitors has the legal and technical "know-how" to resolve any issues as they arise, professionally and efficiently, while ensuring everything you need to know is explained as clearly as possible.
You will have the confidence that you are our priority, with the aim that any member of the team is available to speak with you when you need clarity and certainty at any stage of the process. We feel this provides reassurance and gives you an outlet for any concerns that you may have. We not only want to provide that first-class service, but also value for money and no hidden fees.
We are proud to hold CQS Accreditations, issued by the Law Society, which ensures we maintain high levels of client care.
Time Scales
A typical remortgage takes between 6 and 8 weeks; it can be longer if there are any complications, such as an application being rejected. The process may also take longer if you switch lenders compared with getting a new deal with your current mortgage company.
Factors that commonly extend the timescale include delays in obtaining paperwork from your existing lender, additional enquiries raised by the new lender, or issues identified during the title checks.
Key Milestones
With every transaction, there are key milestones, which may vary according to individual circumstances. They may be as follows:
Andrea Pashley
Notary Public, Senior Director and Head of Family
