Remortgaging

Remortgaging Solicitors in Aberdeen & Stonehaven 

If you are considering remortgaging your home, the residential conveyancing solicitors at James & George Collie can provide expert advice to help you negotiate this process. Our remortgaging solicitors have years of experience acting on behalf of a wide range of clients to ensure that property transactions are facilitated most simply and effectively possible.

Our residential conveyancing solicitors have a thorough knowledge of the property market across the North-East. In addition to this, we regularly work with banks, building societies and private lenders to help successfully complete remortgaging deals. Whatever your circumstances, we can provide you with legal advice and support that is of the highest standard and tailored uniquely to fit your requirements.

Why remortgage?

Remortgaging is the process of changing the mortgage on your home, moving from your current lender to another one. You may choose to remortgage their home for reasons such as:

You believe you can get a better deal elsewhere

Some people may wish to remortgage to get a better interest rate or more flexibility, for example, if they want to make overpayments.

You are seeking to borrow more money

Sometimes homeowners remortgage to release equity from their property.

As a result of a divorce or separation

Often people may consider remortgaging to remove an ex-partner from their mortgage, as well as those borrowers who wish to raise additional funds to cover divorce settlements.

Your current deal is coming to an end

When your existing mortgage deal ends, you'll be put on the provider's standard variable rate – SVR – which is normally uncompetitive.

Whatever your reasons for remortgaging, our residential property solicitors can offer essential guidance and support, including:

  • Clear, independent advice on remortgaging
  • Transparent breakdown of fees
  • Regular updates by phone, email or text
  • Fast and reliable legal support

Remortgaging when your fixed-rate mortgage has expired

Finding the best rate for your mortgage can save you substantial sums – in many cases, better deals will be available on fixed-rate mortgages which expire after an agreed period. However, many borrowers choose to remortgage with a new lender to help them significantly reduce their monthly payments. Doing so can cut your payments by hundreds of pounds every month, saving you thousands throughout the course of your mortgage.

While exploring the possibility of changing lenders can be worthwhile, there can be some challenges to overcome. Once you have shopped around for the best deal, you will need the support of an experience remortgaging solicitor to help you handle the paperwork and fund transfers. Our residential property team are on hand to provide independent advice to ensure your deal is completed successfully. We can take care of all the legal aspects of your remortgaging of your home, making sure this process goes as smoothly as possible.

Contact our remortgaging solicitors based in Aberdeen today

As one of the longest-established law firms in the North-East of Scotland, James & George Collie have been delivering trusted and reliable legal services for over 175 years. We are proud of our reputation for providing advice that is straightforward and jargon-free. When you instruct one of our solicitors, you can be confident that we will take the time to discuss your business with us in detail, keeping you informed regarding developments at all times.

Speak to one of our residential property lawyers today by calling 01224 581581 or complete our online enquiry form and a member of the team will be in touch.

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