Remortgage Fees

Fees Involved When Remortgaging Property

Below you will find details of our remortgage fees and disbursements.

Contact

Remortgage solicitor fees

Our remortgage solicitor fees for the remortgage of a property are £995.00 plus VAT*

Search fees:

Land Registry Priority Search fee – £3.00
Bankruptcy Search fee – £2.00 per name
Search fees (includes Local Authority, drainage, environmental, Chancel, flood and planning searches) – £350.00 approximately. Note however that some lenders will accept no search indemnity insurance which is considerably cheaper and quicker to obtain. Once we have instructions from you to act in the remortgage, we will check whether it is possible to obtain search indemnity insurance.

HM Land Registry fee:

This mandatory cost is set by the Land Registry and depends on the value of the property you are re-mortgaging. The fee will range from £20.00 to £910.00.

Electronic Money Transfer fee:

£15 plus VAT per payment.

HM Land Registry Official Copies of the title:

£3.00 per copy

Landlord’s registration fee for notice of mortgage (leaseholds only):

£100 + VAT where applicable

These disbursements can vary widely and we will notify you of the charge as soon as possible during the course of your remortgage.

VAT:

You will only pay VAT on our legal fees and the cost to make an electronic money transfer.

Referral fees:

For some transactions, we do pay referral fees. The amount of any referral fee will be disclosed to you at the commencement of the transaction. To be clear, these referral fees are paid by us to third parties and not by you.

What are disbursements

These are costs related to your house or flat remortgage that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure there is no delay in your remortgage.

Speak to a Property Lawyer Today

For a free initial conversation call 020 7485 8811

Email us Send us an email and we’ll get back to you






    • "Great personal service from Simon and Emma. Always approachable and constantly looking for the best possible solution. Would definitely use their services again and have no hesitation in recommending them to friends and family!"

      Property Client

    • “Great service - we were kept informed of the progress of our sale without having to ask, Simon and Emma ensured the transaction ran to the agreed timetable and everyone we encountered in the firm were always helpful and friendly.”

      Property Client

    • “I highly recommend Simon Nosworthy… Our case was a bit more complicated than usual with a hard and fast deadline in the end. Simon has an eye for details and guided us through a frustrating conveyancing process. He got it over the line for us in the end which was a real joy to complete and move in”

      Property Client

    • I used Simon Nosworthy's team's services when selling a flat in N10, and would do it again in a heartbeat. The follow-ups were always prompt, and my questions were always answered quickly and accurately.

      Mathieu V, Google Review

    • I am much indebted to Simon Nosworthy and his staff for the efficient completion of our sale.

      Property Department Client

    Typical timescales and key stages

    The guide below applies in a typical remortgage where the lender is a bank/building society and not an individual. The typical remortgage transaction takes approximately 4 weeks to complete but in some instances can be completed quicker.

    • Obtaining title deeds and a redemption statement
    • Obtaining office copies of the client’s property title
    • Carry out title checks
    • In the case of leasehold properties, carry out a check of the lease and make enquiries to the landlord regarding the status of service charge and rent payments
    • Check mortgage offer
    • Prepare for completion
      Obtain final redemption statement
    • Final searches and checks
    • Obtain mortgage advance and complete the remortgage
    • Register changes at the Land Registry

    *Our remortgage solicitor fee assumes that:
    Your re-mortgage is a standard transaction and 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. The maximum fee shown is for the value of a freehold property between £1,400,000.00 and £1,500,000.00. Please contact us for a quote if the purchase price is above £1,500,000.00

    • "Great personal service from Simon and Emma. Always approachable and constantly looking for the best possible solution. Would definitely use their services again and have no hesitation in recommending them to friends and family!"

      Property Client

    • “Great service - we were kept informed of the progress of our sale without having to ask, Simon and Emma ensured the transaction ran to the agreed timetable and everyone we encountered in the firm were always helpful and friendly.”

      Property Client

    • “I highly recommend Simon Nosworthy… Our case was a bit more complicated than usual with a hard and fast deadline in the end. Simon has an eye for details and guided us through a frustrating conveyancing process. He got it over the line for us in the end which was a real joy to complete and move in”

      Property Client

    • I used Simon Nosworthy's team's services when selling a flat in N10, and would do it again in a heartbeat. The follow-ups were always prompt, and my questions were always answered quickly and accurately.

      Mathieu V, Google Review

    • I am much indebted to Simon Nosworthy and his staff for the efficient completion of our sale.

      Property Department Client

    Speak to a Property Lawyer Today

    For a free initial conversation call 020 7485 8811

    Email us Send us an email and we’ll get back to you






      Residential Property News & InsightsVIEW ALL

      1. 24.9.2021

        First Time Buyers Tax Relief Reminder

        First-time buyers have been urged to make the most of a ‘forgotten tax relief’ that could save them thousands of...

        Read more
      2. london houses
        30.1.2021

        Making Alterations to a Leasehold Property

        What is a Leasehold Property? There are two main types of property in England and Wales, freehold and leasehold property....

        Read more
      3. 10 top tips
        5.1.2021

        10 Top Tips to Avoid Delays When Selling Your...

        Thinking about marketing your property for sale? Simon Nosworthy, Head of Residential Conveyancing at Osbornes sets out his top 10 tips...

        Read more
      4. 28.5.2020

        COVID-19 increases risk of Property Fraud

        Since the Government placed England in lockdown, in March, due to COVID-19 empty properties across England have likely gone unchecked....

        Read more
      5. 27.5.2020

        Post lockdown conditions have created a perfect time...

        A short-term drop in housing prices caused by Covid-19 and the existing low cost of borrowing have created the ‘perfect...

        Read more
      6. hampstead house
        15.5.2020

        To move or to improve? Legal considerations when...

        In an uncertain property market many of us are looking to stay put and make what we already have better...

        Read more
      7. 13.5.2020

        Property Market Gets The Green Light!

        Buyers, Sellers, Estate Agents, Solicitors, Mortgage Companies, Surveyors and many more have been waiting since March for the Government to...

        Read more
      8. 6.5.2020

        Let’s talk leasehold charges

        Buying a home warrants a financial commitment like no other. From needing cash for a deposit, mortgage fees, conveyancing fees,...

        Read more
      9. 27.3.2020

        Latest advice from Government – buyers urged not to...

        Speaking to the onthemarket.com today Simon Nosworthy, Head of Residential Conveyancing at Osbornes Law said: “If parties have exchanged...

        Read more
      10. 27.3.2020

        COVID-19: Conveyancing Can Continue

        COVID-19 is causing confusion in all aspects of life including conveyancing. Thankfully the government has now issued clear guidance as...

        Read more
      11. london houses
        25.3.2020

        Co-Ownership: The Importance of Declarations of Trust

        Recent court decisions have demonstrated the benefits of joint owners of property declaring their beneficial interests. The beneficial interest is...

        Read more
      12. 30.1.2020

        Co-buying a property with friends – the pros and...

        For many young people getting on the property ladder is just a dream, with spiralling house prices making it impossible...

        Read more
      13. 4.11.2019

        First-time buyer stamp duty exemption – don’t get...

        Stamp duty is the bane of every home buyer, with only first-time buyers being exempt from paying the tax, if...

        Read more
      14. 25.3.2019

        London property ‘hotspots’

        Property professionals across the country have made their predictions as to what is in store for the property market over...

        Read more

      VIEW ALL