A re-mortgage is a conveyancing transaction involving the redemption of an existing mortgage and taking out a new mortgage. As a homeowner you may wish to re-mortgage to obtain a more competitive rate or perhaps to release equity.
If you are interested in re-mortgaging your property we would be happy to assist with the legal requirements which will include examination of the title, carrying out the relevant searches, liaising with the current lender as regards redemption (repayment) of your existing mortgage and reporting to your new lender to enable the drawdown of funds for your new mortgage. Submission of the relevant documentation to the Land Registry completes the transaction.
Please use our Quotation link or telephone us for a quote.