Remortgage Conveyancing Solicitors

1. Get an online quote
   The first stage is to get an online quote for your remortgage conveyancing, if you’re happy with this then you can instruct us online to deal with your remortgage.
2. Acknowledgement of service
   We will send you a letter acknowledging your instruction, together with our terms of business.
3. Complete questionnaire
   We will send you a questionnaire and paperwork for you to complete, this will include letting us know about your current buildings insurance and supplying ID documents.
4. Contacting your current lender
   We’ll contact your current mortgage lender to get an initial redemption statement (which tells us how much it would cost to pay off the mortgage), as well as any property deeds they might have.
5. Mortgage offer
   Once we receive the mortgage offer from your new lender we will review this and send the mortgage deed for you to sign. The mortgage deed is the contract between you and your new mortgage lender.
6. Checking the title deeds of your property
   The title is the legal document that shows the rights of ownership of your property, if there are any mortgages or loans secured on it, as well as any rights and restrictions (known as “burdens”) on it. We’ll check this thoroughly and have to inform your new mortgage lender if we find something they need to know about. We would always let you know first if this is the case.
7. Performing searches
   We may need to carry out searches (such as water and drainage, environmental and local authority searches), if your new lender insists as a condition of your mortgage. Alternatively we can obtain search insurance if your lender accepts this.
8. Ensure conditions of the new mortgage are met
   When your lender makes you a mortgage offer, this will be on the understanding that their lending conditions are met. It’s our job to confirm to the lender that their conditions have been satisfied.
9. Request an updated redemption statement
   As it may have taken a few weeks since we first contacted your lender, we will request an updated statement that tells us what it will cost to repay your current mortgage.
10. Agree a completion date
    We will agree the date we are working to complete your remortgage on. Then we will let your new lender know and request the funds from the new mortgage to be sent on the date of completion.
11. Completion
    On the day of completion we receive the money from your new lender, ensure that your current mortgage is repaid, and then pay any remaining money to you.
12. Registering your new lender on the property title
    We will ensure that your old lender is removed from your title deed, and that your new lender’s charge is registered on it (a “charge” is a legal claim on a property). Once this has been updated we will send you a copy of your updated title deeds.

Remortgages generally take between four and eight weeks to complete.

There’s often a lot of paperwork to complete, so one of the main ways you can help is to complete and return any documents as soon as you can.

Our remortgage solicitors aim to take the stress out of the conveyancing process by giving you regular updates over the phone, email or text message.

We’ll work hard to try and hit your target completion date, and pride ourselves on providing our clients with a prompt and reliable service.

Legal fees – this is for the legal work (conveyancing).

Land Registry fee – when you change mortgage lender the records held by the Land Registry need to be updated.

Search fees – these may apply to cover the cost of Local Authority, Drainage and Water, Coal Authority and Environmental searches if required. Alternatively a search insurance policy might be required instead.

Our Conveyancing Fees Calculator provides an estimate for conveyancing fees for a property up to a value of £500,000.

For properties valued over £500,000 please refer to our pricing.