Personal
Our property solicitors can help you ensure that the process of remortgaging is as simple and stress-free as possible.
We are still available and booking appointments over telephone and video conference
If you've decided to remortgage your home, Forbes Solicitors can make sure the process is as simple and as stress free as possible.
Remortgaging could be a great idea if you are looking for ways to save money on the repayments on your property by getting a better rate mortgage from a lender.
In today's current climate remortgaging is becoming quite popular with property owners looking to save money, but it's also very easy for people to get the wrong solicitor handling their transition and then finding themselves in financial strife when a detail has been missed.
At Forbes, we work with you to make sure you fully understand the process and make sure you're aware of any legally binding conditions.
We offer a completely tailored service and keep your best interests at the heart of everything we do, ensuring you're kept up to date with every aspect of your remortgaging process by phone and email.
We understand that the legal aspects of residential conveyancing, including buying, selling or remortgaging are inherently stressful, and as such make sure you only deal with the solicitor responsible for your case to ensure peace of mind throughout the process.
As the process of remortgaging can be a little confusing, it's vital you have the best team on your side with experience in this area.
We can handle every aspect of your remortgage instruction, from the initial request of title deeds to your existing lender, right through to completion where we will register your new mortgage at the Land Registry, ensuring all documents are sent to all applicable parties.
If you are looking to remortgage your property, let Forbes assist you and make sure you're getting the best service available from expert remortgaging solicitors.
With a commitment to exceptional customer service and a reputation as solicitors who get the job done, you're in great hands when you instruct Forbes to handle your remortgaging case.
Our charges are broken down into costs and disbursements. Disbursements are costs payable to third parties such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.
Our estimates and quotes will give a breakdown of all charges and will then have a total figure, which is inclusive of VAT.
The average costs on a remortgage are £325 plus VAT at 20%
Search Pack (if required)
SIM search
Land Charges Search fee
If a search pack is not required the average cost will be in the region of £20. If a search pack is required the cost will range between £200 - £300 Plus VAT at 20%.
We make an additional charge of £25 plus VAT at 20% for each telegraphic transfer of monies that is required during the transaction.
Land Registry fees are also payable based on the amount of money being borrowed. Land Registry Scale 2 fees:
Value or amount | Apply by post | Apply using the portal or Business Gateway, for transfers of whole, charges of whole, transfers of charges and other applications of whole of registered titles | Apply using the portal or Business Gateway for registration of transfers of part, and all other Scale 2 applications that do not affect the whole of a registered title |
---|---|---|---|
0 to £100,000 |
£40 |
£20 |
£40 |
£100,001 to £200,000 |
£60 |
£30 |
£60 |
£200,001 to £500,000 |
£80 |
£40 |
£80 |
£500,001 to £1,000,000 |
£120 |
£60 |
£120 |
£1,000,001 and over |
£250 |
£125 |
£250 |
Our fees assume that:
We charge additional fees for the following:
Please note that Stamp Duty, VAT and other payments may be subject to variation.
It is a good idea to know what is involved and understand how the process works . For a more detailed guide to the process for a typical property sale and purchase see our Property Guide.
A standard transaction will take approximately 8 weeks from the time we are instructed however there can be a number of factors which impact on the timescale such as:
There are some variables with any property transaction so please either give us a call or drop us a line and we will give you a detailed breakdown of all the fees and costs involved for your particular circumstances.
At the outset of the transaction, we will ask you how you prefer to be contacted. If you have an email address this can save a considerable amount of time but buying and selling a property is not yet a paperless exercise so there will be some documents that will need to be signed by you. We will offer you a personal appointment in the office so you get chance to sit down with us so that we can talk you through the paperwork and the process face to face or, if you prefer, we will arrange a telephone appointment.
Get in touch to see how our experts could help you.
Monday to Friday:
09:00 to 17:00
Saturday and Sunday:
Closed
Trainee Paralegal
Residential Conveyancing
Blackburn
01254 222352
Residential Property Paralegal
Residential Conveyancing
Blackburn
01254 222398
If you have a general enquiry then please fill in your details and someone will contact you.
Monday to Friday: 09:00 to 17:00
Saturday and Sunday: Closed