If you are considering remortgaging your home, it’s important to take expert legal advice. Our Property & Conveyancing lawyers are based in Stirling & Tillicoultry. If you are in Stirlingshire, Clackmannanshire, Plean, Cowie, Alloa or the surrounding areas in Scotland we can advise on all property transactions.
Thinking of Remortgaging your home in Stirling or Tillicoultry?
For most of us, our home is our largest asset. There may come a time when you wish to realise the value tied up in your home, or to switch mortgage to gain better terms. Remortgaging sometimes involves changing your mortgage provider. What this means in practice is that the new lender pays off the old one. Often, lenders will offer you the services of an in-house lawyer, but instructing an independent solicitor allows you to retain control of the process and ensures you retain control of all of the necessary documentation. There are legal as well as financial issues to be dealt with when remortgaging. These include transfer of the title, the legalities of penalties for terminating your mortgage and there may be a requirement to scrutinise the title deeds. If you are thinking of remortgaging, contact our solicitors in Stirling and Tillicoultry first.