Remortgaging
Remortgage Solicitors
Remortgaging means moving a mortgage to a new deal, either with the same or different lender. This could be to consolidate debts or release some equity for home improvements, or often where an existing deal is due for renewal.
For most people, a mortgage is likely to represent their largest ever financial commitment, lasting several years or even decades, where the personal circumstances of homeowners can often change over time, including divorce or relationship breakdowns. As such, having the option to remortgage can provide the ideal opportunity to shop around for the best deal, one which better suits any current needs — from lowering monthly payments or paying off the mortgage sooner, to resolving cash-flow problems or raising money for renovations.
In many cases, where a property has increased in value and improved the loan-to-value ratio, this could mean the homeowner has access to a wider range of deals.
As property owners are not obliged to remain on the same deal for the duration of their mortgage term, or even stay with the same lender, they can take full advantage of the offers out there. However, securing a remortgage with a different lender will require the assistance of a solicitor or conveyancer experienced in dealing with remortgaging matters.
What we do for our clients
At Farnworth Rose Solicitors we have a wealth of experience working with banks, building societies and other specialist mortgage lenders, so we know the intricacies of how they work. We also understand the importance of providing a prompt and reliable service, where time is often of the essence, especially when remortgaging to settle debts, fund a project or reduce the financial burden from unfavourable monthly rates on an existing deal.
We provide our clients with tailored advice and assistance, covering a multitude of remortgage scenarios. Regardless of the reason for remortgaging, whether this be for a client’s own home or a buy-to-let property, or even a portfolio of properties, we can help streamline the remortgage process, making this as simple and stress-free as possible.
With the benefit of our conveyancing expertise, we have helped hundreds of clients remortgage their homes and buy-to-let properties, where we pride ourselves on providing practical and easy-to-understand advice, without unnecessary legal jargon.
How we can help you
For those of you who are looking to remortgage your home or property, our experienced team can help to guide you through the process and efficiently manage the transfer of your mortgage. Our legal experts are here to make remortgaging hassle-free, working to your timescales, with the best possible client-care from start to completion.
To find out how we could help with your remortgage conveyancing, including advice on what work is needed and the fees involved, please get in touch with our experienced team. We will be happy to respond to any enquiries and provide you with a quote, enabling you to remain in full control of the overall costs when it comes to remortgaging.
How you can contact us
For expert advice and assistance on re-mortgaging your home or buy-to-let property, call Farnworth Rose today on 01282 695 400 or click the button for an instant quote.
