Remortgage

The completion date signifies the official transfer of property ownership, but in the case of remortgaging, sellers and buyers are not directly involv...

When remortgaging a property, lenders often ask about other adults, besides the remortgagers or tenants, who will be residing at the property. This in...

When remortgaging a property, it is crucial to understand the various financial instruments involved, such as existing mortgages, charges, and loans s...

When remortgaging a property, several sources can contribute to the overall financial strategy. These contributions can come from loans, gifts, or oth...

Using savings to reduce the amount needed for a remortgage is a common strategy employed by homeowners to lower their loan-to-value ratio and potentia...

When remortgaging a property, securing a new mortgage is a key component. This process involves evaluating your current financial situation, finding a...

When it comes to remortgaging a property, understanding the current ownership is crucial. The individuals applying for a remortgage may not necessaril...

When remortgaging a property, certain transactions, such as those dependent on a sale or purchase, can significantly affect the process. Understanding...

A Trust Deed is a legal document that outlines the terms and conditions of a trust agreement. It establishes the framework for managing assets held in...

Ownership capacity refers to the legal framework through which individuals or entities hold property rights. In the context of property ownership, it ...

The intended use of a property refers to the purpose for which the property is acquired or utilised. It determines how the property will be occupied, ...

The current use of a property refers to how it is being utilised or occupied at the present time. Properties can serve various purposes depending on t...

Land serves various purposes and is classified into different types based on its use, geography, and ecological characteristics.   Here are definition...

Flats, also known as apartments, offer a variety of living options, from compact studios to luxurious penthouses.   Here are definitions for some of t...

Houses come in various styles and configurations, each offering unique features and layouts to suit different preferences and lifestyles.   Here are d...

When it comes to buying, selling or remortgaging property in England and Wales, it is essential to understand the different types of properties availa...

Shared ownership is a government-backed scheme designed to help people who cannot afford to buy a home outright onto the property ladder. It allows bu...

Property ownership in England and Wales is governed by specific laws and regulations that determine the rights and responsibilities of property owners...

During the remortgage process, you may choose to designate another person to serve as your primary point of contact. This individual will handle commu...

Providing bank details to the conveyancer is a crucial step in the remortgage process, as it facilitates various financial aspects. Here is why a remo...

Remortgaging via Deputyship Order refers to the process of refinancing a mortgage on behalf of someone who lacks the mental capacity to make decisions...

A Gifted Deposit Declaration is a formal document used in property transactions to confirm that a sum of money given to a remortgager by a third party...

Remortgaging via Trust Deed refers to the process of refinancing a property that is held and managed by a trustee on behalf of beneficiaries according...

Remortgaging via Power of Attorney refers to the process of refinancing a mortgage on behalf of someone else who has granted authority to act on their...

The Property Title Register is an official document maintained by the Land Registry in England and Wales that provides essential information about a s...

When there is a change of name, it is crucial for the conveyancer to be informed for several key reasons. This applies to name changes for the remortg...

When participating in the remortgage process, it is important to clarify the capacity in which you are providing information. This ensures that all pa...

When a company wishes to remortgage a property, the process typically involves authorisation from the company's board of directors or other authorised...

Remortgaging a property involves switching your existing mortgage to a new deal with either the same lender or a different one, typically to secure a ...