Remortgaging your home or buy to let property can save you a lot of money on your monthly repayments or unlock additional borrowing for home improvements or other goals. However, to make sure your remortgage goes smoothly, it is important to get specialist legal support throughout the whole process.
Our team of qualified Solicitors and Conveyancers can handle every stage of your remortgage efficiently and cost effectively. Whether this is your first home, you are a seasoned homeowner or this is investment property, we understand the importance of an easy, clear and hassle-free transaction.
We can assist with every stage of remortgaging your property, including:
- Requesting a redemption statement from your current lender (showing how much it will cost to pay off your current mortgage)
- Carrying out essential remortgage conveyancing checks
- Reviewing the terms of your new mortgage
- Preparing a completion statement
- Transferring funds from your new lender to your old lender
- Notifying HM Land Registry of the change of lender
We offer a transparent and straightforward service with competitive fees. To see how much your remortgage conveyancing might cost, you can request a free, no obligation quote.
We are proud to be part of the Law Society’s Conveyancing Quality Scheme (CQS) and our team includes both members of the approved Law Society Conveyancing Panel Solicitors as well as the Council of Licensed Conveyancers. As a panel-approved firm for the majority of mortgage lenders, we are able to conduct most remortgages quickly and seamlessly.
Why choose Huggins Lewis Foskett for your remortgage conveyancing?
As a leading firm of London conveyancing solicitors, we are very experienced in handling remortgages for a wide range of clients and property types, including for high value London real estate.
We are accredited by the Law Society’s Conveyancing Quality Scheme (CQS), providing assurance that we can offer a safe, efficient and reliable remortgage conveyancing service that makes the whole process less stressful for you.
Every stage of your remortgage will be dealt with by qualified conveyancing lawyers and you will be kept up to date on progress regularly. If you ever have any questions or concerns, a member of our team will always be available to talk through these with you in plain English.
Our London remortgage conveyancing fees
At Huggins Lewis Foskett, we aim to provide the very best quality conveyancing for a competitive price.
Although London conveyancing solicitors’ fees can be higher than in other parts of the country, we work hard and intelligently to keep our costs down while maintaining exceptional standards of client care.
Our remortgage conveyancing pricing is structured so that the costs are clearly set out for reaching each milestone in the process. This means you can always see exactly how much your conveyancing will cost at every stage and exactly what you are getting for your money.
To find out how much your remortgage conveyancing might cost, please request a quote.
Our London conveyancing team
- Jacqui Alston
- Carly Eaton
- Claire Maddocks
- Alison Curtis
- Wendy Jarvis
- Sylvia Gibbins
- Patricia Cranfield
Remortgage conveyancing FAQs
How long does a remortgage take?
This will depend on the circumstances, but it will typically take around 4-8 weeks for most remortgages.
Do I need a solicitor when remortgaging?
If you are moving to a different mortgage deal with your existing lender, then you won’t need a solicitor. However, if you are moving to a new lender, you will need a solicitor to handle this for you.
This is because the lender will require a solicitor to investigate the property’s title, carrying out essential conveyancing searches and raise any necessary enquiries. This is all so that the lender can be confident that your property will provide good security for the mortgage they are offering.
Your solicitor will also make the remortgage process easier for you by handling the technical side of the remortgage, including requesting a redemption statement from your existing lender, transferring funds from your new to your old lender and registering the new lender’s charge over the property with HM Land Registry.
Should I use the solicitor recommended by my mortgage broker?
If you use a mortgage broker for your remortgage, it is likely that they will recommend a solicitor to use for your remortgage conveyancing. Generally, the broker will receive a commission from the solicitor for this recommendation.
While the solicitor recommended by your broker may be perfectly competent, we strongly recommend choosing your own conveyancing solicitor so you can be sure they are the best choice for you.
When dealing with London property and particular issues such as leasehold property, we always advise you to work with a team such as ours that has specialist experience with these matters.
Do I need to use a solicitor who is on my mortgage lender’s approved panel?
Technically, no, but it is usually in your interests to use a solicitor who is on your lender’s approved panel. This is because an approved solicitor can handle the legal side of your remortgage for both you and your lender. This can save you a lot of time and additional expense.
Huggins Lewis Foskett are on the approved panels of most mortgage lenders and we will be happy to check if we are able to act for your lender before moving forward with your remortgage.
Speak to our London remortgage solicitors today
Our expert conveyancing team are happy to discuss your needs and answer any questions you may have about remortgaging. Getting your remortgage right can save you a lot of money, so it’s important to have the best possible support during the whole process.