Speak to our award winning Remortgage Conveyancing Solicitors today. Taking out a remortgage on your existing home has many advantages from a financial point of view. It can help you:
But, the services of an experienced residential conveyancing solicitor will be essential to ensure your interests as the property owner are protected throughout the transaction, especially if you are moving from one lender to another.
Because banks and building societies are regularly introducing new finance products to the market, depending on the type of mortgage you currently hold and whether you are tied to a particular interest rate, some householders can effectively save money by and reduce their monthly payments by remortgaging.
In certain circumstances, for example, if your income increases, you may want to make higher mortgage payments in order to cut the length of the mortgage term.
Re-mortgaging, rather than extending an existing mortgage, is another way of paying for improvement work to your home without necessarily costing you much more in monthly outgoings.
Once you have decided to re-mortgage, to find the best financial deal at the lowest cost will require a certain amount of research. Mortgage brokers are specialists in this field and will offer remortgaging quotes from a variety of lenders to accommodate your wishes at no cost to you.
It can also be worthwhile contacting your current mortgage supplier to see if it is willing to move you to a more advantageous deal.
When you’ve done your sums, if you are happy to go ahead, you should contact a solicitor who is experienced in residential conveyancing for both freehold and leasehold properties.
Although the procedure for a remortgage is simpler than for an original purchase, because the title deeds remain in the same name, there are still a number of legal processes which must be completed.
Whether you are staying with your existing lender or going to a new one, a valuation of your home will be ed and a full mortgage application form completed.
Your solicitor must then check the deeds and any other documentation such as charges on the property, conduct local authority searches, and act as the intermediary for repaying the existing mortgage and transferring funds for the new remortgage.
Healys has a dedicated and experienced team of Remortgage Conveyancing Solicitors in London and Brighton. We can carry out the detailed work involved in remortgaging cost-effectively and efficiently.
The professional and experienced team understands that with deadlines to be met and a large amount of money involved, you need the peace of mind which comes from using lawyers and ancillary staff dedicated to your needs. We are here to provide the hassle-free service you are looking for.
Wherever you are in the UK, if you require first-class legal services for conveyancing, Healys’ Remortgage Conveyancing Solicitors will be able to help – providing jargon-free advice at every stage of the procedure and ensuring the transaction is conducted as quickly and smoothly as possible.
21st August 2019
Whether you’re a first–time buyer looking to purchase your very first property or you’re a home mover waiting to exchange contracts, given the current political climate and continuing Brexit uncertainty, it’s perfectly reasonable to question whether now is a good time to buy a property. Continue reading »
8th August 2019
When a couple wished to avoid paying Stamp Duty Land Tax (SDLT) on the purchase of a property, they hit on what looked to them like a great idea. Instead of buying the property outright, they paid for it in two stages…a deposit, plus the purchase of an annuity to be assigned to the seller. The annuity paid annually was very small, but the seller had the right to redeem it for a lump sum (£726,750), which corresponded to the expected balance due based on the market value of the property at the time of the sale. Continue reading »
8th February 2019
Healys are delighted to announce that they have been shortlisted for the second time in two years to win “Mortgage Conveyancer of the Year” at The Mortgage Awards. Continue reading »
7th February 2019
The 30th anniversary of MIPIM is just around the corner, and once again Healys will be attending. This year our team will be joining the Egypt Delegation, and will be based in The Palais Des Festivals. Held between the 12th and the 15th of March in Cannes, MIPIM is the largest real estate networking event in the property calendar. This year there are expected to be 24,000 delegates from over 100 countries, and three distinct teams from Healys will be attending the 4 day event. Continue reading »
3rd January 2019
With a growing population and relatively low levels of new house-building taking place, the UK property market has suffered a perennial shortage of housing. Under the National Planning Policy Framework, councils are obligated to confirm on an annual basis that they have a supply of deliverable sites which are capable of meeting their housing demand for the next five years. Continue reading »
6th September 2019
Healys are pleased to note that 3 partners are to be ranked as leading individuals in the 2020 edition of leading legal directory Chambers & Partners, to be published later this year. Continue reading »
13th August 2019
Healys LLP firmly trust in providing insightful and informative legal knowledge to our clients. As a firm, we understand the value which can be achieved through making the right decisions in regard to property and investment. Continue reading »
12th August 2019
We are proud to once again sponsor the Healys LLP Prize at the Brighton University Business School Awards, and are pleased to announce that Ehab Ahmad is the winner of this year’s award.
9th August 2019
The Prime Minister yesterday announced a major shake-up of the UK immigration rules, in order to attract “the very best minds from around the world.”
3rd July 2019
Leading law firm, Healys LLP, are delighted to announce that they have teamed up with national accountants Kingston Smith LLP to be part of Brighton’s Pride Parade, which takes place on Saturday 3rd August 2019. Continue reading »