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Remortgaging

Your remortgaging journey made simple.

#WeAreClarity

Young female changing a light in her new home

Smart remortgaging,
guided by Clarity

Changing mortgages to increase your borrowing or improve the terms of your borrowing is a relatively straightforward process, but it does involve making sure that the financial aspects are properly explained and that the title to your home is secure.

Unlocking financial opportunities

At Clarity, we recognise that remortgaging your property is a significant financial decision that requires expert guidance and precision.

Whether you’re looking to secure a better interest rate, release equity, or consolidate debts, our experienced residential conveyancing team is here to assist you every step of the way. We handle all aspects of the remortgaging process, from liaising with your new lender and conducting necessary legal searches to ensuring a smooth transition of your mortgage.

You remortgaging partner

At Clarity, we understand that each remortgaging situation is unique, and our personalised approach reflects this understanding. Our dedicated team takes the time to assess your specific financial goals and circumstances, tailoring our guidance to your needs. Whether you’re a seasoned homeowner or navigating re-mortgaging for the first time, we provide clear explanations of the process, ensure all legal requirements are met, and keep you informed at every stage. With our expertise in property law and finance, you can trust us to handle the intricacies of remortgaging, allowing you to enjoy the benefits of a more favourable financial arrangement without the stress.

Clear and concise legal advice for the people of Milton Keynes, Northamptonshire and beyond.

With Clarity’s comprehensive range of services, you can confidently explore remortgaging options that align with your financial goals. Our aim is to simplify the process, provide transparency, and offer professional expertise so you can reap the benefits of remortgaging without the hassle

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Personalised Financial Assessment

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Lender Liaison

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Legal Document Handling

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Interest Rate Optimisation

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Equity Release Guidance

Trustpilot Reviews

Providing clear, concise legal advice for the people of Milton Keynes, Northamptonshire and surrounding areas.

“Our passion is to build strong relationships with our clients, making sure that we fully understand the individual’s needs, in order to both personalise and tailor our service to them. We want to make the buying, selling or remortgaging of a property as easy, efficient and clear as possible.”

Joanne Bailey – Director & Solicitor

FAQ's

Your residential conveyancing questions answered

How long does it typically take to complete the house buying process?

The house buying process in England and Wales typically takes around 8 to 12 weeks to complete. However, this timeline can vary depending on various factors such as the complexity of the transaction, the responsiveness of all parties involved, and any unforeseen issues that may arise during the process. Read more in our blog.

Buying a house is a significant financial and emotional decision, and the process can be quite involved. It is essential to understand the various stages involved to navigate through the process smoothly. Contact us today for support.

What are the steps involved in the conveyancing process when buying a property?

The conveyancing process involves several key steps when purchasing a property. In this blog we will explain the steps that a conveyancing team such as Clarity, will take to ensure that all legalities have been dealt with in the correct manner.

We are an experienced team of conveyancers, with office in Milton Keynes and Northampton. If you have any questions you have about the home buying and selling process, please feel free to get in touch or read more in our blog

Why consider downsizing your property?

As life progresses, priorities change, and circumstances evolve. For many homeowners, the prospect of downsizing from their existing property to a smaller one becomes an attractive option. Whether it's to free up finances, simplify living, or embark on a new chapter, downsizing can hold numerous benefits. We've listed some key considerations and benefits over on our blog.

What is Stamp Duty?

Stamp Duty Land Tax (SDLT) is a tax imposed by the UK government on the purchase of residential properties over a certain price threshold. The amount of SDLT payable is determined by the property's purchase price and its classification (e.g. main residence, second home, or buy-to-let investment). The tax is payable to HM Revenue & Customs (HMRC) and must be settled within a specific timeframe after completion. Understand how its calculated by reading our blog.

What is the difference between a freehold and a leasehold property?

There are two primary types of property ownership: freehold and leasehold. Each possesses its unique set of characteristics, responsibilities, and implications.

When you buy a freehold property, you acquire full ownership of both the building and the land it stands on. As the freeholder, you have complete control over the property without any time constraints. In contrast, when you purchase a leasehold property, you only own the right to live in the property for a fixed term, known as the remaining term of the lease. The lease is essentially a contract between you (the leaseholder) and the landlord or freeholder, granting you the right to occupy the property for a specified number of years. However, the land itself remains the property of the freeholder. To know more, read our blog.

What are the pros and cons of buying a new build property?

In recent years, new build properties have gained popularity among homebuyers. These properties offer modern amenities, energy-efficient features, and the allure of a brand-new living space. They are also generally lower to maintain than older properties and include a builder’s warranty, for peace of mind.

On the flip side, they can include a premium price tag. New build homes can also be subject to completion delays and snagging issues. Engaging a reliable conveyancing company such as Clarity will help you stay informed and ensure that you are making a sound investment in a property with a reliable developer, resulting in a smooth and hassle-free experience. Read our listed pros and cons here.

How does shared ownership work when buying a property?

Shared ownership is a housing scheme that allows buyers to purchase a share of a property (usually between 10% to 75%) and pay rent on the remaining portion owned by a housing association or the developer.

Over time, buyers can gradually increase their share through a process known as "staircasing," which involves purchasing additional shares. This allows individuals who may not afford to buy a property outright to get onto the property ladder. Read more about how shared ownership works by reading our blog.

How can I buy a property on my own?

Buying a property on your own in the can be a significant financial decision, but it can be a feasible goal with careful planning and understanding of the process. Whether you are purchasing on your own, or considering shared ownership, buying with a friend or using a guarantor. Read more in the blog.

The process can be complex, so it's crucial to seek professional advice at each stage. Consider consulting with a financial advisor, mortgage broker, and an experienced conveyancing firm such as Clarity to ensure a smooth and successful purchase. Contact us today to get started.


© 2023 Clarity Legal Services Limited. All Rights Reserved. Clarity is the trading name of Clarity Legal Services Limited which is authorised and regulated by the Council of Licensed Conveyancers (CLC) under licence number: 11544. The Authority rules can be accessed at www.clc-uk.org. Clarity Legal Services Limited Company is registered in England and Wales under number: 11428837. Registered office at: 15 Castilian Street, Northampton NN1 1JS. VAT number: 301 4102 81.