How much does remortgage conveyancing cost?
There is far less legal work involved when remortgaging a property than there is with a property sale or purchase. There are fewer third-party costs (disbursements). Property searches, for example, are not needed when remortgaging.
What does your remortgage conveyancing quote include?
Complete quote
A complete quote includes a detailed breakdown of all legal fees and disbursements you'll pay to your solicitor, for a remortgage conveyancing transaction.
Any potential cost that can be identified at the quote stage will be included in your quote.
Fixed fee promise
The fixed fee promise means that you pay exactly what you are quoted, provided the information you've given us is correct.
If you want your solicitor to carry out additional legal work that falls outside of the standard conveyancing process, such as a deed of trust, your solicitor may charge you additional fees.
If you do ask your solicitor to complete any additional work, your solicitor will inform you of any additional costs.
No completion, no fee guarantee
Our 'No Completion, No Fee' guarantee ensures you don’t pay your solicitor's fixed legal fees if your remortgage doesn’t complete. A fee included in your initial quote covers this guarantee. If your transaction falls through, you can either apply this fee to your next transaction or request a full refund. Third party costs (disbursements) incurred on your behalf remain payable.
Expert remortgage solicitors
Our experienced panel or remortgage solicitors can usually complete your remortgage in just a few weeks, helping you move to your new mortgage interest rate as soon as possible.
All lender panels
When you remortgage with a different lender, your solicitor will need to be an approved member of the bank or building society's legal panel. If your solicitor is not on the panel, you will incur additional costs and delays. As our solicitors can act for all UK lenders, your remortgage can proceed with lender delays or additional costs.
Conveyancing Quality Scheme (CQS)
Quotes are provided by our highly experienced panel of SRA regulated conveyancing solicitors and CLC regulated licensed conveyancers.
Understanding your quote
Getting an online remortgage conveyancing quote takes moments - but understanding what is and isn't included in the quote can be intricate.
Conveyancing fees
Conveyancing fees are paid to your solicitor for the legal work that they complete on your behalf. Your conveyancing solicitor's quote should clearly detail the legal fees, including VAT, that you'll pay when your transaction completes.
Conveyancing disbursements
Disbursements are third party costs incurred by a solicitor on behalf of their clients. Examples of disbursements include HM Land Registry fees and bank transfer fees.
In the event that additional disbursements are necessary, your solicitor will notify you.
Are there any other legal fees to pay?
No, your conveyancing quote includes fees for all of the legal work your solicitor will need to do to complete a standard remortgage conveyancing transaction.
If I want my solicitor to do additional legal work, what will it cost?
In certain circumstances, you may ask your solicitor to complete additional legal work that is not part of a standard conveyancing transaction, such as a lease extension or a deed of trust. Your solicitor will notify you of any additional fee or disbursement cost implications.
How much does remortgage conveyancing cost?
Remortgage conveyancing is generally inexpensive. There is considerably less work involved in remortgage conveyancing than there is with a sale or purchase. Additionally, there are fewer disbursements, e.g. search insurance can be purchased instead of full searches.
What's included in my remortgage conveyancing quote?
Our fixed fee service means there are no hidden additional extras. All the fees and third-party costs listed in the table below are included in the 'All-inclusive' remortgage conveyancing fee.
