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Mortgage & remortgage of a residential property

Home » Services » Property » Residential property » Mortgage & Re-mortgage of a Residential Property
What services are included and key stages 

Steps involved:

  1. Obtaining Title to the property from the Land Registry, and other supporting papers and reviewing these documents, once received.
  2. Raising searches (if required by the lender) and checking all results
  3. Obtaining redemption statement from existing lender (if any)
  4. Attending to all related correspondence, telephone calls, faxes and emails.
  5. Preparing a report to you on the mortgage offer and conditions.
  6. Sending mortgage deed to you for execution
  7. Confirming your instructions for completion
  8. Preparing a completion statement
  9. Paying of an existing mortgage loan
  10. Completing the new mortgage
  11. Attending to formalities relating to registering the transaction at the Land Registry
  1. Legal fees  – Our standard fees for a typical house mortgage or re-mortgage  range from around £995 plus VAT for a simple transaction to around £1,500.00 plus VAT (@ 20%) for a substantial historic building on unregistered land.   There is an extra charge for dealing with a leasehold title ranging from £250.00 plus VAT to £350.00 plus VAT (@ 20%) in addition to the standard fee and administration fees for submitting the Land Registry application via the portal. These figures may however vary in cases with special complications.  This is why we will always give you an individual cost estimate at the start of the transaction, taking into account the actual features of your mortgage or re-mortgage.
  2. Approximate Search fees (these vary from one local authority to another) £250
  3. Electronic money transfer fee £42 (inclusive of VAT @ 20%)
  4. Pre-completion searches approximately £7
  5. Land Registry fee  for title documentation £6-£20
  6. Land Registry fee – see below

On a limited number of transactions, we pay a Referral fee to a third party (normally an estate agent) for referral of that business.  – You will be informed of this, if applicable, in our initial correspondence at the outset of the transaction. Additional anticipated Disbursements for Leasehold purchase*

  1. Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £10.00 – £100.00 plus VAT (@ 20%)
  2. Certificate of Compliance fee – To be confirmed upon receipt of the lease, as can range between £30.00 plus VAT-£150.00 plus VAT (@ 20%)

Legal fees are fixed fees which will be based on the property and complexity of the transaction. 

*These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.

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.


You can calculate the amount you will need to pay by using Land Registry’s website.  

For example, for a mortgage of a registered freehold residential property at £250,000 with no complications  :-



Pre-completion searches


Electronic Bank Transfer fee inc VAT


Land Registry charges for official copies of your title documentation


Administration fee re submitting Land Registry application online


Legal Fee


VAT on Legal Fee


Land Registry Fee


Estimate total



Our estimates do not include any advice about the following aspects:-

  1. Taxation issues
  2. Matters relating to survey or the state and condition of the property
  3. Division of mortgage proceeds between joint owners
  4. The validity or enforceability of any guarantees relating to work done at the property
  5. Affordability, suitability or otherwise of any mortgage or loan you are obtaining
  6. Application of proceeds of mortgage for the purchase of another property which you may be buying with another person

We reserve the ability to charge extra if the transaction becomes out of the ordinary and demands additional time to resolve any problems, these could include :-

  1. Defective title
  2. Lack of planning documentation from you
  3. Dealing with unregistered title
  4. Dealing with more than one registered title
  5. Tenanted buy to let property
  6. Dealing with third party lawyers
  7. Arranging conveyancing indemnity policy
  8. Drafting statutory declaration
  9. Drafting declaration of trust
  10. Advising adult occupier required to sign consent form for lender
  11. Shared ownership lease
  12. Leasehold Properties only – Dealing with deed of variation of Lease

We will always advise you immediately about any complication, and discuss the potential impact on price before any additional charges are incurred.


How long it will take from your application for a mortgage offer being accepted until it can be completed  will depend on a number of factors. The average process takes between 4-6 weeks.

It can be quicker or slower, depending on the title, the lender’s requirements or conditions and how quickly the mortgage offer is received. For example, if you are a mortgaging a registered freehold title with a mainstream lender who only requires search indemnity insurance it could take 3 to 4 weeks.  However, if you are mortgaging a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 4  months. In such, a situation additional charges would apply.

Contact us today without obligation. Call 01803 213251 or complete the enquiry form.

For details of the property team members click here 

Residential property

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North, South, East or West. Wherever you are, we’ve got you covered. Contact us today for an informal chat, without obligation. We look forward to hearing from you.

South Devon:
01803 213251

01392 274006

North Devon:
01271 342268

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