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Conveyancing

Re-mortgage Conveyancing

Re-mortgage Conveyancing

We have a wealth of knowledge in re-mortgage transactions and always ensure that the process takes place quickly and without complication.

Why re-mortgage your property?

  • Changing a mortgage product
  • To release funds that are tied up in your home
  • To repay an alternative loan which may be on a higher interest rate than your mortgage

Whatever the reason for the re-mortgage, we will guide you through the process with ease and certainty.

The stages of re-mortgaging your property

Initial instructions:

  • Initial instructions will be obtained from you about the re-mortgage.  You will be required to supply original forms of identity to meet with strict money laundering precautions and to provide basic details about your home.
  • If you have a mortgage secured on the property, you will be requested to provide details of your existing mortgage company and account number.
  • We will contact your existing mortgage company and obtain a statement from them showing how much is outstanding on your existing mortgage, also known as a ‘redemption statement’.
  • It will be necessary for you to notify your new mortgage company that we will be acting on your behalf in the re-mortgage transaction.  Your new mortgage company will then forward all necessary paperwork to us.
  • A local search will generally be required on your property prior to the re-mortgage and payment for this search will be needed from you in advance.

Receipt of your new mortgage offer

  • We will carefully check your mortgage offer.  The obligations contained in mortgage offers differ between mortgage lenders.
  • You will be asked to sign the mortgage deed once all the mortgage conditions have been satisfied.
  • You will need to supply us with a copy of your buildings insurance schedule.

Completion

  • Once all paperwork has been signed, we will make arrangements to complete your re-mortgage.
  • We will apply for your new mortgage funds.  Using these funds, we will pay off your existing mortgage(s).  Any balance remaining will be forwarded to you.  If there is a shortfall, this must be paid by you prior to completion taking place.
  • The mortgage will then be secured on the property in favour of the mortgage lender at the Land Registry.  The mortgage lender can enforce the sale of your property if you default on the mortgage (for example failure to pay).
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Read some reviews from our clients

4.89 Average

216 Reviews

Mr Leech

I have dealt with williamsons solicitors before and would recommend them unreservedly to anyone ,they are friendly ,efficient, very professional and they get the job done ,all the staff are courteous and nothing is too much trouble . I also really like the fact that hard copies of documents I required where posted to me rather than being emailed once again thank you for a first class service in these difficult times

Lily

Thank you so much Karen for all you did for my family and keeping me and my daughter together. Like also thank you for all your support, understanding and patience. I could get anyone better and experienced than you. Thank you so much.

Eleni N

Great service.Made sure we were aware of what was going on.Friendly and professional people.

Mrs A E

used Williamsons to do a house purchase and a will. they are not the cheapest but did a good job and got the sale through when they said they would. Would recommend.

Benjamin B

Absolutely amazing team! Great help from start to finish and the result was better than expected. Highly recommended.

Linda J

I found Williamsons kept us informed all the way through our claim . I could always speak to someone regarding any queries . The result of the claim was handled efficiently and was very successful .

Judith H

I am very impressed with Williamsons Solicitors. After initial set backs with a Barrister who was not willing to proceed (in his estimation our case did not have enough of a chance of winning) Williamsons did not give up and advised they had approached another Barrister who agreed that our case was good and should be pursued. Williamsons gathered information and evidence very diligently and to good effect - we won our case. If Williamsons had not persisted our case would have fallen at the first hurdle - we are glad we took their advice.

Julie T

I have received an excellent service from Yana Byelova who has been dealing with my claim. Even though these difficult times she has kept us informed every step of the way.

Anonymous

Excellent service, friendly, knowledgeable and professional staff.

Mr Psaras

Friendly, efficient and exceptional service. I will use another of their services soon. Highly recommended.

K S

During a worldwide pandemic Williamsons were superb, i was kept up to date with proceedings, costs, future expectations etc. Using all forms of communiction including Email, telephone, face to face, video chat the knowledge and expertise is second to none and i wouldn't hesitate to use again should i require. I would highly recommend Williamsons for any legal matters their professionalism and helpfulness made my case much smoother, together with the ability to pay stage by stage i cannot stress how great the service was, needless to say my case was resolved to my expectations. I would urge anyone to use Williamsons for legal advice an easy 5 stars with special mention to Paul, Karen and Claire for the service i received from them.

Ms L

I chose Theresa and Toni at Williamsons again for this property purchase because of the care, attention to detail and professionalism they demonstrated last year when I bought another property. I have received a marvellous service again and I feel confident that they will have carefully looked at every detail of the necessary documentation involved in the buying process. Geographically, Williamsons is a long way from the property I have just bought but firms like Williamsons are a rarity and worth seeking out. I thoroughly recommend this company.

Mr & M

Wet happy with the comprehensive and personal service Thank you

Mr and Mrs Betts

Excellent client service- professional and courteous. Thank you to Madeleine.

Anonymous

I chose Williamsons to act as my conveyancers and I have been super impressed with their professionalism and ethics to act on behalf of their client. My process was a long one, due to no fault on Williamsons part, but they never dropped the ball and continued to chase the other party until we got the answers we needed. I would choose them again in a heart beat and recommend their services.

Mr T W

Fantastic service from Williamsons Solicitors especially Rachael Scott who handled everything brilliantly from start to finish. Thank you

Mr Beevers

Happy with the work done on my behalf

Mrs T D

Hello, I had a lovely experience at Williamsons. Alison and Katie made everything really easy for me and were really helpful 2really nice people.

Anonymous

Brilliant service from Williamsons. Very efficient and quick responses to any questions or queries I had. Would highly recommend.

Anonymous

Excellent 5* service. We tragically lost our daughter and we found Williamsons Solicitors who guided us through all the claim process. They are extremely knowledgeable and professional with a personal style that made the journey more manageable. There communication is always prompt. Thoroughly recommend Wayne Walker.

A G

I can well recommend, I have received professional and honest service which lead to positive closure of the case. Always responded with care and fully involvement which gave me more confidence to continue. All advices during the progressing of the case was competent and mirrored current situation.