Check what is changing
Let us know whether you are simply moving lenders, borrowing more or changing the owners at the same time. A transfer of ownership can bring extra consent, tax and legal questions.
Property & Conveyancing
Remortgaging
Changing mortgage lender can involve legal work even when you are staying in the same home. We can help with the title checks, lender requirements and repayment of the existing mortgage needed to complete a remortgage.
Understanding your next steps
How we can help
Work through the lender’s requirements
The new lender may require title checks, searches or other evidence. Tell us the lender’s name before instructing us so we can confirm whether we can act for that lender as well as for you.
Plan the repayment
The amount needed to repay the current loan must be established for completion. Early repayment charges and the end of a fixed rate can affect your preferred timing.
A clear way forward
What happens next
What to have ready
Bring the new mortgage offer, current lender details, property address and any lease or ownership papers. Tell us about secured loans, restrictions on the title and anyone being added to or removed from the ownership.
Your next step
Contact us when you know the proposed lender and completion date. We can confirm the work needed and whether the lender’s legal requirements can be met.
Planning ahead
Fees and timescales
01 / Fees
What the costs cover
Ask for a quote covering our legal work, VAT and likely third-party charges. Adding or removing an owner, dealing with a lease or resolving a title issue can involve further work.
02 / Timescales
Timing and deadlines
Allow time for the lender’s offer, repayment statement and title checks. Tell us when your current rate ends and when the new offer expires. We cannot confirm completion until the required papers and funds are in place.
Read our published Price Guide, then contact us to confirm the work you need and the costs involved.
View Price GuideUseful to know
Your questions, answered
Do I always need a solicitor to change my mortgage?
A new lender often requires conveyancing. A product change with the same lender may work differently. Ask the lender what legal work it requires.
Can you act for any lender?
We need to check the proposed lender’s requirements and our ability to act before accepting instructions. Send the lender’s name with your enquiry.
Can I add my partner as an owner at the same time?
It may be possible, subject to lender consent and the legal and tax position. Tell us at the outset so a transfer of equity can be considered as part of the work.
Can you choose a mortgage for me?
Our role is the legal work. A lender or appropriately authorised mortgage adviser can advise on borrowing and which mortgage product suits you.
General information for England and Wales. Contact us for advice about your circumstances.
SJS Solicitors · Balham