In today's episode, Sean Rogers & Charlotte Nowak (Head of Remortgages at Beaumont Legal) discuss everything relating to remortgage conveyancing:
-What factors delay the remortgage process & how can these delays be avoided?
-Free legals vs cashback:The pros & the cons
-What are the most common reasons for a remortgage failing? And what, if anything, can be done to mitigate the risk of the remortgage not completing?
-What fees are involved and when are they payable?
-Transfer of Equity: Issues, solutions, & process
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The content of the show is for information purposes only, does not constitute advice, and is aimed at experienced regulated professionals in their field.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY. SOME BUY-TO-LET MORTGAGES ARE NOT REGULATED BY THE FCA. EQUITY RELEASED FROM YOUR HOME WILL ALSO BE SECURED AGAINST IT.
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