Property law / Remortgaging
Remortgage Solicitors Helping You Secure Better Mortgage Deals
Remortgaging
Remortgaging your property is an important financial decision, and our conveyancing services are designed to make the process straightforward and efficient.
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Using dedicated teams, cutting-edge technology, and fixed-fee pricing, we ensure there are no hidden costs or unnecessary delays. You’ll receive real-time updates via our conveyancing app, communication from your legal team, and step-by-step guidance.
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Whether you’re switching lenders for a better rate, releasing equity, or updating your mortgage terms, our expert conveyancers are here to ensure your remortgage runs smoothly, with minimal disruption and maximum clarity.
LYONSÂ BOWEÂ ENQUIRYÂ STRUCTURE
Remortgaging Team Structure
New Enquiry Team Day 1
New Enquiries are here to welcome you, answer your questions, and guide you through the beginning of your journey.
They’ll help you:
- Understand the Lyons Bowe Way and how our three-team client journey works.
- Provide clear, transparent quotes tailored to your needs.
- Compare our quote to make sure you’re. getting the best value.
- Communicate with agents who recommend us.
- Generate and talk you through your quote so you feel confident moving forward.
New Instructions Team Day 1 – 14
Your new Instructions Team are the first team you’ll work with throughout your conveyancing journey.
They’ll help you:
- Sign and return your documentation.
- Verify your ID Collaborate with your Estate Agent.
- Request the draft contract pack to the seller’s solicitor.
- Order your property searches.
- Prepare your file for your legal team.
Legal Team
Day 15 – 51
Your Legal Team will be here to help and support you throughout the next stages of your sale.
They’ll help you:
- Introduce themselves to you and answer any questions.
- Assess the draft contract pack and submit enquires to the seller’s solicitors.
- Prepare your file for your exchange and completion team.
Exchange & Completion
Team Day 52-90
Your Exchange & Completion Team will be here to support you through the final stages of your purchase.
They’ll help you:
- Introduce themselves to you and answer any questions.
- Send you the contract and transfer for you to sign.
- Exchange contracts with the buyer’s solicitor.
- Complete on your transaction.
LYONSÂ BOWEÂ ENQUIRYÂ STRUCTURE
Remortgaging Team Structure
New Enquiry Team Day 1
New Enquiries are here to welcome you, answer your questions, and guide you through the beginning of your journey.
They’ll help you:
- Understand the Lyons Bowe Way and how our three-team client journey works.
- Provide clear, transparent quotes tailored to your needs.
- Compare our quote to make sure you’re. getting the best value.
- Communicate with agents who recommend us.
- Generate and talk you through your quote so you feel confident moving forward.
New Instructions Team Day 1 – 14
Your new Instructions Team are the first team you’ll work with throughout your conveyancing journey.
They’ll help you:
- Sign and return your documentation.
- Verify your ID Collaborate with your Estate Agent.
- Request the draft contract pack to the seller’s solicitor.
- Order your property searches.
- Prepare your file for your legal team.
Legal Team
Day 15 – 51
Your Legal Team will be here to help and support you throughout the next stages of your sale.
They’ll help you:
- Introduce themselves to you and answer any questions.
- Assess the draft contract pack and submit enquires to the seller’s solicitors.
- Prepare your file for your exchange and completion team.
Exchange & Completion
Team Day 52-90
Your Exchange & Completion Team will be here to support you through the final stages of your purchase.
They’ll help you:
- Introduce themselves to you and answer any questions.
- Send you the contract and transfer for you to sign.
- Exchange contracts with the buyer’s solicitor.
- Complete on your transaction.
Get a quote
Get your Online Remortgaging Estimate
To obtain a quote please select an office from the dropdown below:
services
Our Property Law Services
The abortive pledge
Conveyancing with Confidence
At Lyons Bowe, we understand that not every property transaction goes to plan. That is why we offer the Lyons Bowe Abortive Pledge, giving you peace of mind that if your purchase falls through due to no fault of your own, you will not lose the legal fees you have paid. You will only be responsible for any third-party disbursements incurred, such as search fees.
What is Covered:
- Full protection for conveyancing legal fees if your purchase aborts for reasons outside your control.
- You only pay for third-party costs already incurred (e.g., searches and other disbursements).
This covers all services within our property department:
Buying Homes
Remortgaging
Selling Homes
New Builds
How long does it take to remortgage?
Remortgaging usually takes a few weeks. This time includes getting a new valuation of your property, receiving your new mortgage offer, and the legal checks. Lyons Bowe aims to make this process as quick and smooth as possible for you.
When can you remortgage? (When is it too early?)
When you can remortgage depends on your current mortgage deal. Some lenders let you remortgage at any time, but others might have rules about how long you need to have had the mortgage. Remortgaging too early might mean you have to pay a fee to your current lender. It’s best to check the terms of your current mortgage.
Can I remortgage from a help to buy?
Yes, you can remortgage a help to buy property, however your lenders may require you to have built up a certain amount of equity in the property, or to have been held the mortgage (whilst making consistent repayments) for a certain amount of time (typically two years) before you have the option to remortgage.
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When can I remortgage?
This varies from lender to lender. Some lender’s terms will allow you to remortgage at any time, other lenders will stipulate that you have to have been making payments on the mortgage for a fixed amount of time before you can remortgage. You will need to check with your lender’s terms.
Will I have to pay SDLT on a remortgage?
No, you do not need to pay SDLT on a remortgage unless the ownership of the property is being transferred to another party, in which case, they would need to pay SDLT.
Can I remortgage a shared ownership property?
Yes, however you will be limited to lenders that offer shared ownership mortgages.
What is Remortgaging?
Remortgaging is the process of taking out a new mortgage against your property. Your lender will perform a new valuation on your property and you will need to sign a new mortgage agreement. You may also re-mortgage if you have received permission from your lender to privately rent out your property and you now need to take out a buy-to-let mortgage.
