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Remortgaging

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Remortgaging Your Property

Instruct Evolve Law

Once you are happy with the bespoke quote that you have received by email, please click the blue button at the bottom which will take you to a simple form to be completed online. You will receive a Welcome email from us which will outline what we require next.

Client Due Diligence

Evolve Law are obliged to check your identity and the ownership of the property before moving forwards with the transaction.

Mortgage Application

Meanwhile you will have formally applied for the mortgage and once an offer has been sent out by the lender, we will approve the terms and sent a Mortgage Report to you for approval.

Searches

Once we are in possession of the contract package, we will request monies from you in order to apply for the searches. These are documents required by your mortgage lender, issued by the relevant council and private providers and they inform us about water & drainage matters in addition to environmental issues that we should be aware of. The searches usually take a few weeks to be sent to us but once we have received them, we will send a Search Report to you for approval.

Redemption Figure Obtained

Our legal professionals will ask you for the details of your current mortgage so that we can find out the outstanding balance which will be redeemed upon completion of your new financial product.

Documents Signed

Upon confirmation that all parties are ready to proceed and we have completed a final file audit, we will ask you to sign your mortgage deed.

Completion

We will confirm that the remortgage has been completed once we have received balance in full from the new lender and redeemed the balance on your old mortgage.

How long should it take? Whilst timeframes can vary considerably due to various factors such as mortgage delays, searches and leasehold managing agents, at Evolve Law we average around 6 weeks for a standard remortgage.

Why wait? Receive an instant quote today!

Answer a few simple questions about your property and receive an instant no obligation quote today. What are you waiting for?

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