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Author Re-mortgaging - how?
Kathryn W
Member

Registered: 12th Oct 03
Location: Widnes, Cheshire
User status: Offline
12th Jun 13 at 12:28   View User's Profile U2U Member Reply With Quote

So it's come the time that we are able to re-mortgage and get out of our fixed rate deal of 6.99%

We've just changed banks to 1st Direct and at the moment are offering a deal of a fee free mortgage with a rate of 4.19%.

Ideally we need to avoid any extra fees so I think this is a pretty decent way for us to go.

Just i'm not quite sure how to go about it? We've been accepted so far, just need to get the house valued by them for the mortgage to go ahead...

Do I instruct any solicitors? And do I need to go with the ones we bought the house with?


James
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Registered: 1st Jun 02
Location: Surrey
User status: Offline
12th Jun 13 at 13:17   View User's Profile U2U Member Reply With Quote

You need to instruct solicitors. Did the mortgage company not ask for details of the solicitors when you applied for the mortgage?

You don't have to use the same ones that you used before either. I used different ones for my remortgage than the ones I used for the original purchase.
AndyKent
Member

Registered: 3rd Sep 05
User status: Offline
12th Jun 13 at 16:45   View User's Profile U2U Member Reply With Quote

Ring FD, they'll tell you what you need to do and in which order.
Daniel_Corsa
Premium Member

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Registered: 21st Apr 04
Location: Wigton, Cumbria
User status: Offline
12th Jun 13 at 22:47   View Garage View User's Profile U2U Member Reply With Quote

FD will use a chosen solicitor, who will arrange a valuer etc.

Not like buying a house, just sit back and let it happen.


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