Remortgaging

Step 1 
Once you have instructed us, we will contact your existing lender to request your title deeds and a redemption statement to find out how much money is owed on your existing mortgage and any other loans.

Step 2 
We will await your mortgage offer and check the title documentation.

Step 3 
After the offer is received, we will check special instructions from the lender. In some cases it may be necessary to carry out searches against the property. This depends upon the lender.

Step 4
We forward the mortgage deed to you for signature and also send you the redemption statement for your existing mortgage (and any other loans, if applicable).

Step 5 
We will then agree a completion date with you.

Step 6
Once the documentation is returned to us, together with any balance payable (if applicable), we can arrange the completion. (Most lenders require one week’s notice).

Step 7
On completion day, we will pay off your existing mortgage (and other loans, if applicable), collect our legal fees and disbursements, and will forward any remaining money to you.

Step 8 
We will arrange to register the new mortgage at the Land Registry. Once the title is registered, we will supply a copy to you and send the original document to your lender.