We recommend that you print this help screen as it contains important information relevant to your re-mortgage.

Local Authority Search

Whilst you obviously live and will continue to live in the property being re-mortgaged your new Lender is unfamiliar with the property and will insist that a Local Authority search be undertaken to ensure there is nothing which may cause them to question their decision to lend to you.

Other Searches

We will obtain a copy of the up to date information held by the Land Registry on your property to ensure that there are no matters, of which you may be unaware, which would potentially jeopardise the re-mortgage. Your Lender will insist that we undertake a Land Charges search just prior to completion.

Other Costs

In order to redeem your mortgage with your old Lender and minimise any liability you may have to interest we will send redemption monies to your Lender by telegraphic transfer on the day of completion. A bank charge of £35 plus VAT is levied for this facility. A charge of £24.95 plus VAT is also included to cover minor costs and disbursements.

Solicitor's Costs

The costs shown are an ESTIMATE although only in unusual circumstances would we expect them to be higher. We will advise you if such circumstances should arise and do our best to let you know what the cost may be. Should the transaction not complete for any reason we reserve our right to charge for the abortive work undertaken. Prior to completion we will provide you with a completion statement showing all financial dealings including our own costs. Should you need to place us in funds to complete then we reserve our right not to complete if any item including our own costs remains unpaid at that time.