This work covers remortgaging or refinancing a property in England, i.e., replacing an existing loan secured by a home with a new mortgage. A solicitor handles the legal steps to secure the new loan, checks the title, arranges the discharge of the old charge, and registers the new mortgage at the Land Registry. They also review terms, interest, and any fees or penalties tied to the switch, and ensure the client’s interests remain protected throughout the process.
Where a solicitor protects your position
The decision to remortgage often locks in new terms and may involve early repayment charges or other lender conditions. A solicitor provides professional oversight, ensuring the new charge is correctly drafted and registered, that the old charge is properly discharged, and that the client’s title remains secure against the lender’s interests and any subsequent claims.
You searched for Refinance specialists. Here are related areas of law to help you narrow down your results.