We are one of the busiest Residential Property Solicitors in Coventry and Warwickshire.
Our reputation for excellence in quickly and effectively managing residential property remortgages is known throughout the area.
You can be confident that by instructing us, your remortgage application will run smoothly.
We are a diverse, multi-lingual law firm that uses best-in-class technology to provide clients with streamlined, modern, and highly effective residential property advice and representation. Our years of experience in conveyancing law means we have a robust reputation for excellence with the UK’s best Barristers and Queen’s Counsel, Estate Agents, Independent Financial Advisers, Surveyors, and Mortgage Brokers who can bring additional support to our Residential Conveyancing Department if required.
How we work
Meticulous attention to detail is required when remortgaging a property. Our Residential Property Solicitors will work from the outset to ensure every step of the process is carefully prepared, make recommendations to protect your interests, and handle all of the details of the remortgage on your behalf. We will make sure your remortgage is as stress-free as possible and will keep you updated as each step is completed.
We are proud of our personal service to all our clients and where possible we are contactable by phone and will respond to your email within 24 hours. As well as being responsive, everyone on our team is committed to providing friendly, helpful, proactive service that you can trust. Furthermore, we offer a fixed fee service and flexible appointments at our Coventry office and can visit you in your home if you are unable to travel (home visits will incur a fee).
We pay careful attention to detail when handling property transactions, including remortgages. All our Residential Conveyancing Solicitors have the experience and resources available to ensure that every aspect of your case which requires attention will be spotted, brought to the fore, and managed. Whether there is a mistake in the remortgage offer, a particularly onerous term in the lender’s contract, or any other aspect, you can be assured we have an eye for detail and will bring these to your attention and recommend the best approach to move forward. We hold a Law Society Conveyancing Quality Accreditation, meaning we are recognised as having the capability to provide quality conveyancing advice, use a regulated process to recognise and reduce risk, and meet Law Society standards when providing conveyancing services.
What are the advantages of remortgaging my property?
Remortgaging includes several benefits. Due to low interest rates, lenders are constantly having to compete with each other. If the fixed term on your current mortgage is coming to an end, remortgaging with another lender could well result in you paying less interest and securing better terms. Remortgaging can also allow you to release the equity in your property, providing the cash needed to purchase a buy-to-let or do renovation work on your existing home.
Why do I need a Conveyancing Solicitor when remortgaging?
Our Conveyancing Solicitors will handle all aspects of the remortgaging process for you. This includes obtaining a Redemption Statement from your current mortgage lender. A Redemption Statement confirms how much money is owing on the mortgage and any fees and/or penalties you will incur if you switch mortgage providers.
The new lender will require your property to be valued and checks to be made on the title. With regards to property searches, most lenders only require a local authority search to be undertaken for a remortgage. Rather than wait for searches to be completed, you may wish to take out indemnity insurance. We can advise you on whether this is a sensible option for you. Our Conveyancing Solicitors will manage the entire remortgaging process for you, including checking the valuation and the new mortgage offer, as well as registering the new mortgage on the title.
How long does the remortgage process take?
Once you receive a mortgage offer from the new lender, the process of remortgaging should only take a few weeks. If your property is a leasehold, the freeholder may need to be told that you are remortgaging. We will identify this requirement when we check the property’s title.
Why choose us?
Remortgaging can provide you with many opportunities. Our strengths lie in our knowledge and good relationships with lenders and mortgage brokers. Because we have invested in building relationships, if there is a delay to the process or a question needs answering, our Remortgaging Solicitors can simply pick up the phone and get a quick answer.
People choose and recommend us because we care about them, their family, and their future. We are focused on results and achieving them in the most cost-effective, efficient way possible. Our Residential Conveyancing Solicitors will take care of every aspect of your remortgage so you can get on with other areas of your life.
To talk to us about remortgaging, please contact us using the form below.
Meet your 'Remortgages' specialists
The team to guide you through your legal needs.
Depending upon the complexity we are able to offer fixed fees in some cases. In other cases our solicitors chargethe following hourly rate:
- Partner/Member SolicitorHourly rate of £250 + VAT
- Senior Solicitor or Head of Dept: (PQE 8yr+)Hourly rate of £225 + VAT
- Assistant Solicitor/Fee Earner (PQE 3/7yr)Hourly rate of £200 + VAT
- Newly Qualified Fee Earner (PQE 1/3yr)Hourly rate of £170 + VAT
- Paralegals/TraineesHourly rate of £120 + VAT
- Support ParalegalsHourly rate of £100 + VAT