Are you thinking about remortgaging your home?  Do you need advice on the process?  We can help.

With a typical mortgage lasting for 25 years, your financial situation may change substantially during the term of the loan.  A remortgage part-way through may prove to be a useful tool, whether to secure a better interest rate, release equity or simply to adjust your mortgage term.  Remortgage conveyancing is normally faster than the conveyancing process for buying or selling a property, and at Backhouse Solicitors, we work to make it as simple and stress-free as possible.

Why Remortgage?

There are many reasons why you might want to consider remortgaging. Adjusting your mortgage to suit your current needs can offer a range of financial opportunities, such as:

  • Lowering monthly payments with better interest rates

  • Accessing the equity in your home for home improvements
  • Decreasing your mortgage term
  • Extending your mortgage term
  • Switching lenders

  • Changing the type of mortgage so you can rent out your property *

  • Accessing the equity in your home to fund your retirement **

* If you are considering remortgaging to a buy-to-let mortgage for the first time, our experts can help. Head to our dedicated page Becoming a Landlord for the First Time: Purchasing a Buy to Let Property for more information.

** Alternatively, if you are wishing to remortgage to release equity from your property, visit our Equity Release Mortgages and Products page on this website.

The Remortgaging Process:

We aim to make the process of remortgaging as clear, straightforward, and hassle-free as possible.  The following step-by-step process will help you choose the mortgage best suited to you and ensure you are informed and supported throughout the transaction.

Step 1 – Establish your financial goals – why are you remortgaging?
Step 2 – Research deals with other lenders – a good independent mortgage broker will help you find the best deals
Step 3 – Obtain a valuation on your current property
Step 4 – Contact the Backhouse team to obtain a free quote
Step 5 – Instruct us to handle the legal side
Step 6 – Completion – this is when any funds will be transferred to you if you are releasing equity

How Backhouse Solicitors can help

Remortgage

To contact us with an enquiry, please fill out your details below and we will contact you shortly.

At Backhouse Solicitors we don’t believe in impersonal call centres and chatbots who can’t answer your questions.  You will have an expert conveyancer who will hold your hand through the process and will be there to solve any problems along the way.  We guarantee:

  • A responsive and helpful service

  • Practical advice based on years of experience

  • Fixed fees with no hidden cost

To contact the team to discuss your options and obtain your free quote, either use the dedicated contact form on this page or one of the options below.

Tel:      01245 893400 | 01702 410880
Email: info@backhouse-solicitors.co.uk
Visit our Chelmsford office: 17 Duke Street, Chelmsford, Essex, CM1 1JU
Visit our Leigh-on-Sea office: 22-24 Elm Road, Leigh-on-Sea, Essex, SS9 1SN
Or send us a message through the Contact Us page on this website