Are You Looking to Remortgage?
Our dedicated team of specialists can help you remortgage with confidence.
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Remortgage
PLS is a modern and progressive property law firm, and we pride ourselves in putting our customers at the heart of everything we do. The remortgage process can be stressful and confusing, and it is important to make sure you have specialist advice to guide you through the process. We are on all the lender panels and work with the top 10 national and regional house builders in the UK. Our dedicated team of experts are experienced in all types of remortgages. With our impeccable customer service, our customers go through the remortgage process free of stress and worry.
We are automating: Our systems just got 50% faster, so you now can secure your customers’ reservations before they leave the site office
Our dedicated Shared Ownership team provides expert guidance through every step of the process, ensuring a smooth experience.
We keep customers connected: Customers can be in control of their case through our portal, app and Alexa - 7 days a week
We provide quotes 7 days a-week: Customers can get a quote any day of the week.
PLS 24/7 Portal speeds up the process for customers: Customers can secure their new home reservation and lawyer before they leave the site office.
We are on every lender panel: This gives customers the advantage of securing their mortgage with any lender they choose
What is Remortgaging ?
Remortgaging means to change the mortgage you currently have on your property. This can mean either moving to a different deal with your existing lender or switching to a new lender entirely. It is a good way of finding lower interest rates than you may have on your current deal.
Why should I Remortgage?
There are four key reasons to remortgage your property:
If you are paying a high interest rate - Switching to a fixed or tracker interest rate on your mortgage could lower your monthly payments and help you pay off your mortgage sooner.
You want to pay off your mortgage early - By switching to a mortgage that lets you make over-payments you can pay off your debt earlier than your original term.
Your current mortgage deal ends soon - If your deal ends soon then you can move to the lender’s standard variable rate. This rate is often higher and so this is a good opportunity to look for better deals.
Your property has increased in value - Remortgaging can allow you to borrow for home improvements, further increasing your property’s value. A lower loan to value ratio might mean you meet the criteria for a wider range of interest rates.
How does the Remortgage process work?
Considering your financial situation as a whole is vital in the remortgage process as well as understanding what happens when you remortgage. There are four key steps:
Complete an Agreement in Principle - Most lenders will let you get an online Agreement in Principle in order to see if a lender is willing to lend you what you need. This will help you understand your options without choosing a specific deal.
Considering the costs - It is important to make sure that a remortgage will leave you in a better position. Therefore, it is essential to consider costs such as application fees and valuation fees in the process.
Applying for a new mortgage - Once you have your Agreement in Principle, you can now apply for a new mortgage. You will be asked for various personal and financial information in addition to the details of your current mortgage.
Completing your remortgage - Your new lender will carry out a credit check and arrange to have your property valued. PLS can help you with the transfer of your mortgage and complete the process.
Testimonials
Customer feedback
See What Our Customers Are Saying
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Adriana-Gabriela Neagu
Just wanted to say a big thank you to Jacob and his team at PLS Solicitors. They were brilliant from start to finish and made the whole process much easier than I expected. I probably called Jacob more times than he’d have liked with all my questions, but he was always patient, helpful, and happy to explain things. If he couldn’t take my call, he always made sure to call me back, which I really appreciated. What impressed me most was how quickly everything moved. The completion process was incredibly quick, and the transfer of funds was completed much faster than I expected, which made moving day go very smoothly. A great team to deal with and I’d happily recommend them to anyone. Thanks again, Jacob and team!
Evelyn King
Thank you to Kelly Ferguson and her team. Our house sale and purchase has been completed in less than nine weeks. It is over 26 years since we last moved house and things have changed a lot but Kelly has helped us through. We would recommend PLS. Thank you again
Meha Jerin Aziz
We have just successfully exchanged contracts on our new build property with PLS Solicitors and the experience so far has been genuinely impressive. Jemma and the team have been incredibly patient throughout what has been a complex transaction — deadlines were extended multiple times due to various circumstances and at every stage PLS handled everything smoothly without any drama or unnecessary stress. What stood out most was how everything felt coordinated and in one place. We never felt like we were chasing or left in the dark. Every query was answered promptly and professionally and we reached exchange feeling confident and well supported. We are now looking forward to working with Jemma through to completion and will update this review at that point. Based on our experience so far we would not hesitate to recommend PLS Solicitors to anyone purchasing a property.
Barbara Chapman
We are selling and buying with Sean at PLS Solicitors. We have just exchanged on our sale and Sean has been great. I get very anxious and Sean was really calm when I got worried and reassured me, and he will always call us if we asked. Thank you Sean . We would definitely recommend PLS , especially Sean.
Dumitru Antonesei
Very nice and easy to work solicitors firm. I am very thankful to Jacob who patiently and professionally explained the process.
Jodie Routledge
We have had a really positive experience with our solicitors throughout our sale and purchase. They kept us updated, answered our questions, and helped move everything forward clearly and efficiently. Buying and selling at the same time can feel stressful, but they made the process feel much more manageable and we’re really grateful for their support. We were especially pleased to have exchange confirmed and everything clearly explained ahead of completion. Thank you for all your help — we would happily recommend.
Adam Trowhill
We’ve just exchanged on our new build and PLS handled the process professionally. There were moments of anxiety, as with any conveyancing, but the team were helpful when it mattered and ensured everything was completed correctly. Thank you to Nick for getting us through to exchange 🤝
Morgan Robotham
PLS solicitors have been great been very efficient with all the paperwork, have kept myself and others involved up to date with every step. Thank you PLS solicitors and big shout out to Jack.
eric
is anyone experiencing hard to calling / find the handle solicitor with PLS?
Kester Charles Mafiana
Transaction was seamless and the staffs were very responsive and helpful
A Guide to our residential conveyancing costs
It is not possible to give precise costs1 figures without first understanding your specific transaction and your exact requirements. This costs guide is only an indication of the likely approximate cost of a transaction. For a costs estimate specific to your transaction, please contact us. This costs guide is intended to give you an approximate idea of the overall legal costs and is based on the average amount of work involved in a basic house remortgage. We start with a base fee for a basic house remortgage (around £150) and add fees for specific elements, such as leasehold status, ID verification, or banking charges, which are included in the £150- £900 range. If unforeseen complexities arise (e.g., title defects), the fee may be revised.
Typical Sale Costs:
Legal Fee: (Inclusive of VAT at 20%)
Additional fees are included in the above range and are applied where applicable. Some typical examples of these are as follows (inclusive of VAT):
Leasehold purchase fee:
Banking and bank charges fee:
Lawyer Checker fee:
ID verification administration fee:
OS1 search fee
Office copies fee:
Bankruptcy search fee:
Fee for provision of general searches, which includes local authority, water and drainage, and environmental searches
Search Indemnity fee – this is for a no search indemnity policy (Inclusive of VAT at 20%)
We carry out searches on a re-mortgage only if it is a requirement of the lender (below are an indicative costs if searches are required).
£450 – £1900
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£30.00 – £50.00
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Additional search fees: (inclusive of VAT at 20%)
Dependant on the property type & location typical examples of these can be:
Mining Search:
Brine Search:
Chancel Search:
Disbursements3 (no VAT):
£50.00-£70.00 (per search)
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Land Registry Fee: (Dependant on the value of the property)
- Costs means fees and disbursements, taken together
- Fees means our charges for the work we do for you (including any VAT element)
- Disbursements means any costs or expenses paid or to be paid to a third party on your behalf
£45.00 – £1105.00
Additional fees are included in the above range and are applied where applicable. Some typical examples of these are as follows (inclusive of VAT).:
We carry out searches on a re-mortgage only if it is a requirement of the lender (below are an indicative costs if searches are required).
Dependant on the property type and location examples of these can be:
- Costs means fees and disbursements, taken together
- Fees means our charges for the work we do for you (including any VAT element)
- Disbursements means any costs or expenses paid or to be paid to a third party on your behalf
Please contact us for a Free Quote.
A detailed quote will always be provided to you at the beginning of the case.
Our costs quotes for the work to be carried out are made on the following assumptions. If any of the assumptions are incorrect, we mayneed to revise our quotation:
That the property is registered land.
That you are obtaining a mortgage from a high street lender and that lender does not require separate legal representation.
That no third parties’ consents are needed to the transaction.
That in the case of leasehold land that there is no freeholder’s or superior lessor’s consent required as a pre-condition of there mortgage.
That no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
That the transaction is concluded in a timely manner and no unforeseen complication arise
That all parties to the transaction are co-operative and there is no unreasonable delay from third parties providingdocumentation
