There are many reasons why our clients would seek to change finance arrangements on their personal or investment property portfolios.
We are able to act for the majority of the high street lending institutions in addition to the more bespoke buy to let investment mortgage providers. We can also deal with higher value transactions as we have higher level insurance?
When you refinance your property, we will need to carry out title checks and searches on behalf of the new lender and then provide them with a report on title in respect of each property. We will ensure that all the lender's conditions are satisfied and then seek to agree with you a suitable completion date.
You may wish to release the equity in your home by mortgaging for the first time either, as a standard or lifetime mortgage. Lifetime mortgages are often referred to as equity release, where a lump sum will be released to you, but no repayments of interest or capital are to be made to the lender during your lifetime. Lifetime mortgages require very comprehensive advice to be given to you, not only in relation to the product but also the effects that this may have upon your future is the estate for inheritance.
Our solicitors are highly experienced in the mechanics of lifetime mortgages and equity release schemes and will advise you in a friendly and understandable manner on all of the issues associated.
Please click here for details of our cost for this service.