Congleton Office : 01260 279414

Macclesfield Office : 01625 429511

Remortgage of a Residential Property

Fees charged by Wains Solicitors

Property Value
Remortgage Fees
VAT on fees
If Leasehold additional purchase fee
Additional VAT if leasehold
Up to £250,000
Over £250,000
Miscellaneous additional fees
Unregistered property
Redemption of second charge
(price per charge)

Our fees cover all of the work required to complete the remortgage of your home, including investigating title, remortgage enquiries, obtaining redemption statements, redeeming the mortgage, obtaining no search indemnity.
Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

We estimate the disbursements to be as follows-:      

Office copies
Bank telegraphic transfer fee 
£30.00 plus £6.00 VAT     
No search indemnity 
Dependent upon value approximately £25.00
Bankruptcy search
£2.00 per name        
OS1 priority search         
Online ID Check
£4.80 per person
Land Registry fee  
Based on scale 2 value of re mortgage-:
£0,00 - £100,000.00  
£100,001.00 - £200,000.00
£200,001.00 - £500,000.00
£500,001.00 - £1,000,000.00 
£1,000,001.00 and over  

If your lender does not accept insurance, we may well need to carry out searches in place of search insurance but we will notify you if this is the case.

How long will my remortgage take?

How long it will take will depend on several factors. The average process takes between 4-6 weeks.

Stages of the process

The precise stages involved in the re mortgage of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:

  • Take your instructions and give you initial advice
  • Check redemption figures and number of charges
  • Issue title enquiries
  • Obtain further planning documentation if required
  • Give you advice on all documents and information received
  • Go through conditions of mortgage and mortgage deed with you.
  • Send final deed to you for signature
  • Agree completion date
  • Complete remortgage

* Our fee assumes that:

  1. this 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
  2. this is the assignment of an existing lease and is not the grant of a new lease
  3. the transaction is concluded in a timely manner and no unforeseen complications arise
  4. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  5. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.



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We are authorised and regulated by the Solicitors Regulation Authority No. 78231