Re-mortgage is the process whereby an existing mortgage on a property is discharged and a new mortgage taken out simultaneously. Often this is done for the purpose of obtaining a lower interest rate with a different mortgage lender. Sometimes a re-mortgage will take place in conjunction with a property transfer (where parties have separated) for example.
If you are looking to re-mortgage your property our team of conveyancers provide a fast and efficient re-mortgage service. Where mortgage lenders allow we utilise search insurance to avoid the delays caused by carrying out searches.