Remortgaging Frequently Asked Questions
The following questions have been derived from questions asked by our Clients in relation to the remortgaging process.
In the event that you require any additional information please do not hesitate to contact us.
Remortgage Transactions.
Will I need to go into the Conveyancers office to sign all relevant documentation?
In the majority of circumstances it is not necessary for your Conveyancer to see you in person. All issues can invariably be dealt with by correspondence either by letter or by telephone. The distance between you and your Conveyancer is therefore of no relevance in relation to your property transaction.
Will I be able to speak to my Conveyancer whenever I need to?
Your Conveyancer, or members of his or her support team, should always be available for you to speak to during normal working hours. The response time for returning calls in relation to messages left is at present two hours. You will have at least five points of contact available to you at any time that you decide to call.
How long does a normal remortgage transaction take?
We attempt to complete all remortgage transaction within 5 working days of receipt of an Offer of Mortgage. An Offer of Mortgage can take up to 3 weeks for a Mortgage Lender to produce. The average time taken between Instruction and Completion is between 2 and 5 weeks.
Why should I use Reconvey?
We most sincerely hope that this narrative will assist you in understanding the remortgage process. Should you have any further queries in this respect, please do not hesitate to contact Reconvey on 0845 600 2343.