Typical costs of providing you with a re-mortgage are provided below. A named solicitor will be allocated to your re-mortgage from start to finish so that you will always know who to ask for in the event of any queries.
Based on the value of the property we can give you a fee estimate.
For example, if you are re-mortgaging a property with a value £250,000 the fee will be £550 plus VAT (20%) and Disbursements *
| Item | Cost | VAT Amount (20%) | Total |
| Legal Fee | £550.00 + VAT | £110.00 | £660.00 |
| Search Fee – via our search provider Searchflow* Example pricing: | |||
| Local authority search | £118.01 + VAT | **£18.46 | £136.47 |
| *Please note above prices are subject to change depending on area of local authority. | |||
| ** Please note, part of this search is zero rated for VAT and part of this search attracts VAT at 20% | |||
| HM Land Registry Fee | £40.00 (No VAT) | N/A | £40.00 |
| Electronic money transfer fee | £35.00 + VAT | £7.00 | £42.00 |
Our fees cover all of the work required to complete the re-mortgage of your property, including dealing with registration at the Land Registry.
Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.
How long it will take to re-mortgage your property depends on a number of factors, including how quickly your mortgage offer is obtained, length of time to obtain search results, whether your mortgage is dependent on a survey, and the type of property you are re-mortgaging. The average process takes between 4 – 6 weeks.
The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:
* Our fee assumes that:
