Residential Conveyancing – Mortgage / Remortgage

Costs and Service Information

Please note that there will be two elements to the prices as set out below:

  1. Fees charged by Bennetts Solicitors
  2. Fees payable to third parties

Please ensure that you consider both parts to our price information.

Fees charged by Bennetts Solicitors

Legal fee *£550

* Basis of charging = fixed fee

Fees payable to third parties (‘Disbursements’)

Office copies£6
Bank telegraphic transfer fee£25£5
No search indemnityup to £35included
Bankruptcy search£2 per person
Land registry search£4
Land registry feeDependant on transaction value as set out below:
£0 – £100,000£20
£100,001 – £200,000£30
£200,001 – £500,000£45
£500,001 – £1,000,000£65
£1,000,001 +£140

Work included and key stages

The precise work and stages involved in the mortgage or remortgage of a residential property vary according to the circumstances. However, we have set out the key stages involved in a typical mortgage/ remortgage transaction:

  • Take your instructions and give you initial advice.
  • Obtaining your title deeds.
  • Checking the title of your property.
  • Carrying out a Local Authority search if required by your lender.
  • Acting on your mortgage lender’s instructions.
  • Explaining the terms of your mortgage to you.
  • Preparing the mortgage and other documents and obtaining your signature to them where appropriate.
  • Reporting to the mortgage company and obtaining the mortgage advance.
  • Completing the remortgage. This is the date when the old mortgage will be repaid and the new mortgage will commence.
  • Registering the transaction with the Land Registry.
  • Forwarding the title documents to the mortgage company and accounting to you for any money held on your behalf.

Services excluded

Our service will not include any of the following:

  • Advice on the value of the property.
  • Advice on the suitability of your mortgage or any other financial arrangements.
  • A physical inspection of the property.
  • Advice on any search result findings that identify contaminated land, fracking sites or other environmental issues.
  • Advice on tax (other than SDLT) or other accounting matters.

Approximate/ average timescales

The length of time that it will take to complete your mortgage or remortgage will depend on a number of factors. However, the average process takes between 2 – 4 weeks.

It can be quicker or slower depending on the parties in the chain and the efficiency of third parties involved in the mortgage or remortgage such as your lender, search providers and the relevant local authority to conduct your local search if required.

Factors that could increase costs

In some circumstances we may increase our fees to account for additional time, work or skill required to meet your instructions. Examples include:

  • If your lender makes detailed instructions requiring us to deal with matters other than those relating to the title to the property.
  • If your lender instructs another conveyancer to act for them.
  • If the lender requires anything other than a simple certificate of title (a simple certificate of title is standard with most lenders) in order to send the mortgage funds to our firm.
  • If a trust document is required.
  • If there is a defect in the property title which requires remedying prior to completion.

Qualifications and experience of our team

Our residential conveyancing team includes:

Jane AmblerDirectorJane qualified as a Solicitor in 1987 and has worked in a number of areas of law since this time although the majority of her experience is in conveyancing. Jane took over Bennetts Solicitors in 2000 and is the Principal Solicitor at this firm.

Jane now undertakes conveyancing work as her sole practice area and is the supervisor for all conveyancing work at the firm.

Anna JordanDirectorAnna joined Bennetts Solicitors taking up a work experience position in 2000 and has worked here ever since. Anna has trained to become and qualified as a Solicitor at this firm. Anna qualified in 2011 and undertakes conveyancing and private client work (wills, probate and lasting powers of attorney).
Joanne LawsonSolicitorJo joined Bennetts in 2019 having qualified in 2004 with another local firm of solicitors. Jo undertakes conveyancing and private client work – Wills, Probate and Lasting Powers of Attorney.