Mortgaging and re-mortgaging
If you require any advice or seek a quotation we are only a phone call or email away. We are happy to discuss the details of any transaction free of charge and provide a no obligation fixed quotation for your conveyancing requirements.
What is a mortgage?
A mortgage is a loan which is taken out and secured against the value of a property. They usually run for a period around 25 years however this can be longer or shorter depending on the needs of the person taking out the mortgage or the requirements of lender.
If you don’t keep up with the repayments of the mortgage the lender may repossessed the property which the mortgage is secured and sell it to recover their money.
What is re-mortgaging?
Re-mortgaging is where you change your lender to either get a better deal, borrow more money or because your circumstances have changed.
If you are looking to re-mortgage your home, we can guide you through the process. We have acted for clients for over 100 years in property transactions. Our experts will guide you through and make is a simple and stress free as possible.
How can we help?
Once we are instructed, we will liaise with the mortgage broker to confirm what is required. We will then obtain and review your title documents to your property. Our specialist will then check the mortgage and advise you on its effect.
We will also conduct the required legal searches.
Once both we are both satisfied, we can confirm to the lender the certificate of title who will complete the process.
The lender will normally send the money to us. We will then normally use the funds to pay off any existing mortgage. This is a process called redemption.
We will then transfer the balance to you. We will also register the mortgage with the land registry.
Meet the team
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How much will it cost
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Why Choose Us?
- Delivering a first class legal service for over 100 years.
- We combine our local knowledge with up-to-date legal practices and technology to ensure that your needs are met and your expectations fulfilled.
- There are no hidden charges with any of the work we carry out for clients.