5 Tips For Remortgaging From Your Solicitor

What are the 5 Tips for Remortgaging?

Remortgaging can be a strategic move to save money, unlock equity, or better manage your financial situation. Whether you’re switching to a better rate, funding home improvements, or consolidating debt, it's important to approach the process with legal clarity. At Kempton Redman Law, we support clients through each step of the remortgaging journey. Here are five key tips from our legal team to help you remortgage with confidence.

1. Understand Your Current Mortgage Terms

Before starting the remortgaging process, review your existing mortgage agreement thoroughly. Are you tied into a fixed-term deal with early repayment charges? Knowing the terms and any penalties involved can help you decide whether it’s financially sensible to switch now or wait. Your solicitor can explain the implications and help calculate whether the benefits outweigh the costs.

2. Shop Around for the Best Deal

It’s essential to compare remortgage options from a range of lenders. Many homeowners make the mistake of sticking with their current lender out of convenience, but you could save significantly by switching. Once you've chosen a new deal, your solicitor will handle the legal aspects of transitioning from one lender to another—including title deeds, charges on the property, and verifying the terms.

3. Ensure Your Finances Are in Order

Lenders will assess your income, credit history, and overall financial stability. Make sure your documents are accurate and up to date—this includes payslips, bank statements, and proof of identity. A solicitor will also verify your property ownership and ensure that there are no legal obstacles, such as restrictions on your title, that could delay or affect the remortgage.

4. Be Aware of Legal Fees and Timescales

Remortgaging usually involves legal work, including searches, registration of new charges, and liaising with the mortgage lender. While some lenders offer free legal services, others may require you to appoint a solicitor independently. Make sure you understand what legal fees are involved and the likely timeframe. At Kempton Redman Law, we provide clear quotes and realistic timelines to keep things stress-free.

5. Don’t Overlook Property Title and Ownership Issues

Your solicitor will check the property’s title to ensure there are no disputes, restrictions, or changes in ownership that could complicate the remortgage. If your circumstances have changed since your original mortgage—such as getting married or transferring ownership—you may need to update the Land Registry details. Addressing these issues early can prevent delays.

Conclusion

Remortgaging is a valuable financial tool, but like any legal process, it comes with important considerations. Working with an experienced solicitor ensures everything is handled efficiently, legally, and in your best interest. At Kempton Redman Law, we guide clients through the legal process of remortgaging with transparency and care. Whether you're looking to save money or finance a new chapter in life, we're here to help.

Contact us today to speak with a member of our property team and explore your remortgaging options with confidence.