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29th February 2024
An excellent and informative service which is easy to use for a fraction of the Main Street price.
22nd February 2024
Brilliant service, I got instant quotes and responses for potential solicitors. They solicitors took time to explain my various options and recommendations. Thank you
05th February 2024
All four companies suggested contacted me. I have arranged an appointment with one of them to sort everything out. All very straightforward - Thank you.
31st January 2024
I received two quotes and two telephone calls from your selected companies. The two quotes I received were for less than 60% of the quote I received from a local company. I am very pleased with your recommendations and the ease of using your services.
27th January 2024
I was contacted almost straight away by 2 companies and a third company contacted me on the next working day. I am pleased so far with my choice.
24th January 2024
I approached a recommended solicitor and he was very helpful and put my mind at ease regarding the power of attorney process. His prices were lower than I'd been quoted with other solicitors. I would recommend using The Law Superstore to everyone. Thank you.
11th January 2024
Received an excellent quote within 24 hours. Felt confident as the firm is backed by The Law Superstore.
01st January 2024
Within 18 hours I had been contacted by all four companies either by phone and/or email. My husband and I now feel prepared with all the information we need and will be deciding which to go with. This has been very easy so far and I have recommended The Law Superstore to a family member.
23rd December 2023
Very simple to use and the prices were much more competitive than the extortionate rates I was being quoted locally. It has all been very easy.
13th December 2023
Sent a good few solicitors to deal with my problem and had a quick response from all of them. The site is very easy to navigate. Very impressed, highly recommend.
06th December 2023
Instant response. Home meeting arranged within 24 hours. Advice taken and work started immediately.
23rd November 2023
I tried a Google search with limited success! But this put me in contact with local solicitors who contacted me almost straight away! Great resource.
23rd October 2023
Everything was fast, efficient and hassle free. I would definitely recommend to anyone needing help.
19th October 2023
Remortgaging is the process of taking out a new mortgage product on a property you own. This could be with either your current lender or a new mortgage provider. There are a number of reasons you might remortgage, and in some of them you won't need a conveyancing solicitor's help, especially if you stay with the same lender. However, there are lots of reasons why you might remortgage - if you want to end your deal early to ensure you get a better long term rate, if you want to borrow more to cover costs like home improvements or extensions, or if you want a more flexible deal.
Remortgaging covers a variety of different options, so it's worth talking to a conveyancing solicitor as well as your mortgage advisor.
In order to remortgage your home, you will need to provide proof of income and residency as well as evidence of expenses and outgoings to your chosen lender. You will then get a mortgage valuation carried out on the property. Finally, your conveyancer will undergo property searches and if you are moving to a new lender, they will organise the transfer of your debt from one to the other.
A conveyancing solicitor is a general legal expert who is currently working in property law, but they have the legal knowledge and qualifications to work in any area of the law. A licensed conveyancer is a property expert, who only deals in property law. Either will do a brilliant job of supporting you in your remortgage, and can advise you on whether it's the right choice for you.
Remortgaging is usually helpful when you need to re-evaluate your finances. You might find that a better deal with repayments can restructure your monthly budget. Or the equity you release could help you to fund building work or a deposit for a new home. Remortgaging to higher repayments could also help you pay off the mortgage quicker.
The process of remortgaging a property usually takes between 4 and 8 weeks, but this can depend on the current property market and what time of year you do it. If you are planning to leave your mortgage lender after your fixed rate comes to an end, we recommend researching or talking to a mortgage advisor 2-3 months before the deadline.
There are many fees involved with moving to a new mortgage deal that you’ll need to factor for. Early repayment fees can cost 1-5% of your remaining balance whereas exit fees can cost between £50-60. Mortgage valuations cost between £300-1500, and you will also need to pay your mortgage broker if you use one.
If you’re moving to a new provider, arrangement fees are typically between £1000-2000, and you may be charged a booking fee of £100-500. You may also need to pay a conveyancer/conveyancing solicitor £300-350 to add your lender to the deed but some lenders do this for free.
It's important to be aware of what you need to do when remortgaging. If you're simply coming to the end of your current deal, it's worth speaking to your existing lender to see what they can offer, as well as doing some research on the market. You may want to speak to a mortgage advisor who can access deals you may not see.
Remember to consider all the costs involved, including early repayment fees if you want to switch your mortgage product early. Whilst this can be costly, it can sometimes be worth it depending on your goals.
If you are moving to a new lender, a conveyancing solicitor would check the paperwork to ensure the money transfers appropriately, and the deed moves to the new lender. Ensure you keep all your paperwork to hand, and make sure it's up to date. Whilst remortgaging isn't as big a process as moving to a new home, you will still need ID and other documents.
Remortgaging can be stressful. Just like you need an expert mortgage advisor, you also need a great conveyancer. We recommend checking their experience in remortgages, and asking for examples. You'll also want to check reviews online, and spend some time speaking to your potential solicitor, to see if they offer everything you expect. Talk through your expectations - do you need someone who is always available, or are you happy for them to only feedback if there's a development? Have a look at our guide on choosing a solicitor.