Conveyancing for remortgage
If you are remortgaging your home, a conveyancing solicitor will carry out all the legal work needed to complete your remortgage.
Conveyancing is the process of transferring the legal title of a property from one person to another. Although the title (ownership) of the property does not change hands, the extent of the lender's interest in the property, or even the lender itself, does.
It is therefore necessary for a solicitor to check the title and legal standing of the property. This is to ensure that the property offers sufficient security for the lender, and to formally register the new interest.