Woodward Conveyancing
Remortgaging
Remortgaging happens when the legal owners of a property takes out additional or alternative mortgage borrowing secured against the property.
When considering to remortgage several reasons why you may wish to consider this:
• You want a better deal/rate than you currently have
• Your current fixed/promotional term is about to end
• You want to change the type of mortgage you have (for example from interest only to re-payment).
• You want to borrow more money.
Whatever the reason, you should take independent financial advice before proceeding to ensure you have the nest product available to you. Once you have decided to proceed you will need a solicitor to ensure that the funds are dealt with correctly any the old mortgage is paid off.
Woodward Solicitors are happy to help and advise through this process, which is often quite simple. As you currently own the property, it is often the case that the title will not change and so we can process the remortgage with minimal fuss.
Contact Woodward Solicitors
Simply obtain a quote by contacting us on
0345 340 0061, email at Conveyancing@woodwardsolicitors.co.uk or get in touch online.
Woodward Conveyancing
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