Mortgages & Remortgaging

Buckley & Company Solicitors are here to help you with any queries regarding mortgages and remortgaging. To ensure that you are purchasing a safe and secure lifetime investment, several legal stages must be carried out before purchase. Contact us today to talk to a member of our team who can advise you on these procedures.

Whether you are a first-time buyer or are purchasing a property for commercial purposes, the stages involved in securing a mortgage for your property can be lengthy and confusing. Thankfully, we can help you out. Almost all lenders will require that these steps and checks have been carried out before they issue you with a loan to purchase a property:

  • The property must be surveyed for problems (e.g. structural damage).
  • If the survey is satisfactory, you will agree on a mortgage sum with your lender and pay a deposit to the estate agent, while we inspect the contract and Title deed to the property.
  • When the exchange of contracts is ready to happen, we ensure that your loan is available at the agreed date and time, and advise you on move-in checks that you need to carry out, such as meter readings.
  • When the purchase has been completed, we stamp and register the title deeds and then forward all of the required legal documents to your mortgage lender.
  • If for some reason you fall into repayment arrears during your mortgage term, we can advocate for you to your mortgage lender and seek a temporary solution such as a mortgage holiday.

This is a brief guide to obtaining a mortgage and purchasing a property. However, no two situations are the same and we will consult you individually to guide you through the finer details, and advise you of our fees. Contact us today.

Remortgaging

Remortgaging your home to access the equity that has accumulated is the easiest way to obtain finance for those large costs that sometimes spring up during a lifetime.

Buckley and Company Solicitors advise that you seek legal advice before speaking with your own or another mortgage lender so that we can talk you through all of the steps and any hidden costs that may be involved.

Talk to a member of our team today.