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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

4.90 Average

181 Reviews

Mr Longhorn

Very helpful and supportive and kept me informed all through the process; it went very smoothly and that owes a lot to how they managed it in such a professional manner

Mr and Mrs Hutson

Throughly pleased with all aspects of the service, always updated on every change, or new information regarding the sale of our house and purchase of the new property. Everything went smoothly and couldn't fault the attention to detail and customer service. Thank you to Beth and all who assisted in the process.

Gary R

Efficiency, friendly and supportive Karen Saunders gave excellent advice with no nonsense answers to my enquires and difficult decisions

Mr Adams

Efficient and friendly from start to speedy finish

Sue W

In May 2017 after a long & painful road of recovery wich is still ongoing today. I finally plucked up the courage & decided to approach Willams Solicitors as I felt that there was something very wrong with the poor service i received in March 2015 from 1 1 1. Having made two calls over the weekend. Inspite of right leg being in immense pain & stone cold I was told that i had probably pulled a muscle nothing they could do for me & to visit my GP So after a weekend of struggling with pain i visited my GP to be rushed to Hospital with absent pulses in the right foot. On examination there was a blood clot on my right knee caused by Critical ischaemia nothing whatsoever to do with a pulled muscle. I was told i needed a thrombosis procedure to dissolve blood clot if this was unsuccessful they would have no other choice than to amputate below the right knee I was devastated Thanks to this amazing solicitors who advised me that they felt 1 1 1 had possibly been neglectful & would like to take my case on. With an outstanding Nick Gray becoming my solicitor & the amazing team of experts including Julian Matthews an absolutely brilliant barrister Vascular surgeons experts Professor sir Peter Bell & Professor Shearman who were also amazing in highlighting the Hospital were neglectful as well & need not of removed my leg & could have avoided amputation. All of the other team of experts who helped with this case as well were very good In fact I had a fantastic team i couldn't fault Williams solicitors at all. They proved all 3 defendants to be negligent & they got me an amazing settlement far more than I could ever dreamed of & in a short space of time A huge thanks to Nick Gray & his fantastic team inside & outside Williams I can start rebuilding my life knowing I can afford to have & get the very best in making life a lot easier. I can't have my leg back but I can now smile again knowing life won't be a struggle. I would strongly recommend this Solicitors to anybody who needs a professional honest caring & worth every penny Solicitor you will not be disappointed. Once again a massive Thank you to Nick Gray & all his team ❤ Sue Willoughby

Mrs Pannhausen

Very impressed with Suzanne, Beth & Natalie at the Bridlington Branch, they give 100%, will use them again & recommend them to friends & family.

Mr and Mrs Preston

Williamson’s provide an excellent service at a reasonable price. Very easy to deal with and excellent communication was provided all the way through the transaction. Just what you need in a solicitor.

LJM B

I would highly recommend Williamsons Solicitors, Gordon represented me for my case and was excellent. Always on the end of the phone when I need him. overall top job thankyou. Mr Lloyd Milner

Mr & M

Very friendly and efficient service always replying to any queries and emails on the same day. If solicitor not in still dealt with by other staff. Would definitely recommend and will use again

Mr Andrew W

They have handled my house moving with professionalism and friendliness and kept in touch regularly to keep me updated I would strongly recommend them 👍

Mr Deeley

Very good service from everyone I dealt with at Williamson's. They were very quick and responsive and gave that extra push to get me completed before the Christmas holiday! A very nice Christmas present for me!

Mr E A

Very good service.

John B

Friendly service straight to the point no messing around ... from start to finish less then 4 month Yana had every thing in hand many thanks

Mr and Mrs Rollinson

Excellent service from start to finish Alison Craven explained everything in detail making sure we understood

Broadley H

Excellent service from Williamsons throughout a very protracted property transaction. Carey was patient and helpful at all times and we would highly recommend Williamsons based upon our experience. Thank you :)

Paul B

Hi, Thankyou for helping me with the sale of my late mothers house. You kept me informed and processed the transaction very quickly. Regards...Paul

Mr William E

Williamsons Bridlington office conducted the conveyancing of my house recently. The customer service was exceptional and very professional. The regular communications were very helpful and i was kept up to date throughout the process. Many thanks to Suzanne, Beth and all the staff at the Bridlington office.

Anonymous

Friendly supportive service. Explained everything and responded to queries promptly

Anonymous

Its always difficult when you are selling a house but even more so when it is a probate sale. Williamsons have handled my sale with sensitivity and efficiency and have supported me throughout the process.

Mr & M

Very efficient, prompt replies to queries, show good team work and a very reasonable bill at the end.

Mr D A

I was given an efficient, friendly and courteous appointment.