Comptons Solicitors – Conveyancing, Landlord & Tenant, Litigation, Employment, Company & Commercial Law, Wills & Probate

Remortgages

When you want to re-mortgage or take out a first mortgage on a property, you will need a solicitor to act for you and also to act for your mortgage lender to check that your property is adequate security for them and to carry out the legal work to register their charge. Comptons Solicitors are on the panel of the majority of mortgage lenders, both large and small (in fact we are not aware of any whose panel we are not on!) and so have a good working knowledge of each mortgage company’s rules and how to deal with your re-mortgage in the quickest and most effective method possible.

Even if your new mortgage benefits from “free legals” (which is where the mortgage company arranges for your legal work to be carried out by their caseworkers usually at a large “factory” firm), you may find that for ease and also for speed you are willing to forgo this to deal with your own solicitor or to achieve deadlines (we regularly complete re-mortgages for client’s only a few days after receiving the offer at no extra cost). You might also want to ask your mortgage broker if instead of taking the “free legals” the mortgage company would be willing to pay towards your legal fees with your chosen solicitor.

We can also deal with more complex re-financing, for example, consolidation of loans, second charges, perfecting security for private loans, equity release schemes and dealing with the mortgage lender for any transfer of equity (where someone wants to be added or taken off their deeds). We are also happy to put you in touch with a mortgage broker if you do not have one.

Please contact us and we will be able to e-mail you a quote by return with the relevant forms to complete.

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