Are you thinking of re-mortgaging your property?

If so then contact PSR Solicitors to see how we can help you. We know how stressful and time consuming re-mortgaging a property can be. The procedure itself can be a harrowing experience. One of our dedicated conveyancing solicitors can assist you at every stage of the legal process and keep you fully updated on the progress of your re-mortgage from start to finish. Trust us to help you.

Procedure of re-mortgaging your home

Once you have made the decision to re-mortgage your property you will typically discuss your requirements with your financial advisor or through your preferred lender direct. If you instruct us at the same time or at an early stage we can arrange with you to have the initial forms and necessary checks completed in readiness. Once your mortgage offer has been accepted and we receive mortgage instructions from your lender we will have the necessary information to hand to immediately start the legal process of re-mortgaging your property without delay.

Once we have received mortgage instructions from your lender we can commence with necessary searches, investigate the legal title to the property and raise any relevant enquiries. We will also at this stage request a redemption statement on your existing mortgage. Once we are satisfied with all the replies to our enquiries and results of searches a completion date can be proposed. Once a completion date is agreed we can request mortgage funds from the lender and complete once received. On the same day we will redeem your existing mortgage on your behalf.

Our experienced solicitors can also assist you with a wide range of issues that may arise on a re-mortgage such as:

  • Lack of rights which need to benefit the property of which you were not aware
  • Lack of Planning Permission or Building Regulations Approval
  • Restrictions affecting the property
  • Additional financial charges affecting the property
  • Adverse search results affecting the property

So if you have a property to re-mortgage and you want free initial advice from a fully qualified conveyancing solicitor then please contact us now. Using one of our specialist solicitors ensures that you have a better chance of completing on your re-mortgage without unnecessary delay. Some legal firms don’t use qualified solicitors to deal with property re-mortgaging anymore, at PSR Solicitors however we believe that your case deserves special attention from a dedicated solicitor.

We have offices throughout North Wales and Cheshire and you can contact us safe in the knowledge that one of our expert solicitors will take care of everything for you allowing you to carry on with your life whilst we proceed with your re-mortgage.