Re-mortgaging & equity release

Re-mortgaging

If you have decided to re-mortgage your home we can guide you through the process.

We will act for you and your lender. We will report to you summarising the terms of your loan and explain to you the implications of entering into the loan agreement.

Your lender will need us to confirm that your home provides security for the loan. To do this we will need to:

• check your title deeds
• carry out any necessary searches of the local authority, water authority and/or environmental factors
• check whether any works have been carried out at your property and, if so, that the works have been carried out with any necessary planning or building regulation approvals.

On the day that we receive your loan funds we will, if necessary, arrange for your current mortgage loan to be repaid and immediately send the balance of your loan funds to you.

Equity release

There are many reasons why you might wish to take advantage of one of the equity release packages that are available, such as home improvements, a holiday or gifts to your children or grandchildren.

If you have decided to obtain an equity release loan, our job is to make sure that you fully understand the implications of entering into the loan agreement and the impact that the loan will have on you and your family.

We will:

• meet with you in person, either at our offices or your home, to discuss the loan
• give you a report summarising the conditions of your loan
• arrange for you to sign the loan agreement and provide all of the documents that your lender needs to make the loan
• arrange for your loan funds to be transferred to your bank account immediately on receipt.