The exact stages involved in the remortgage of a residential property will vary according to the circumstances. However, the key stages we will need to carry out for your remortgage are:

• Take your instructions and give you initial advice
• Deal with Anti-Money-Laundering requirements and Identity checks
• Check that finances are in place to fund remortgage and the source of those funds
• Obtain completed remortgage documents from you
• Obtain and check the legal title to the property and any lease
• Obtain and check any leasehold information from managing agents
• Obtain and check any planning documentation
• Obtain Indicative Mortgage Redemption Statement
• Carry out Local Authority, Water & Drainage and Environment Searches (if required)
• Source Search Indemnity Insurance (if full Searches not required)
• Receive and check your Mortgage Offer
• Deal with any Mortgage Conditions
• Report to you with a Mortgage Report and the Mortgage Deed for signature
• Agree the remortgage Completion Date with you
• Arrange for the mortgage advance monies to be received from Lender
• Prepare final Completion Statement and send to you
• Arrange to obtain any remaining monies from you
• Submit and check pre-completion Searches
• Complete the remortgage of the property
• Account to you for any net remortgage monies
• Deal with application for registration at the Land Registry
• Deal with any post-completion leasehold requirements

Our Residential Team