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Remortgaging a Property in Glasgow
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Remortgaging a Property - Conveyancing Solicitors Glasgow

At The Glasgow Law Practice we offer a fixed fee service for the remortgage of your residential property in Scotland, following an initial discussion or email exchange with you to find out the relevant information. 

Our typical legal fees for a remortgage range from £450 plus VAT to £650 plus VAT depending on the complexities involved. 

The stages involved in the remortgage of a residential property can vary for each transaction.  However, below are the key stages we would typically expect in a standard remortgage transaction.

Step 1:  We take your instructions and give initial advice.

Step 2:  We contact your existing mortgage provider to obtain the title deeds and request a redemption figure.

Step 3:  We send you a copy of the new mortgage offer to make sure the terms are correct.

Step 4: We prepare the documentation for you to sign in relation to your new mortgage and you sign this in advance of completion.

Step 5: We check the title deeds and obtain all relevant property searches as required by your lender.

Step 6: We request the funds from your new lender.

Step 7: We arrange the repayment of your old mortgage at completion. 

Step 8: We remit the balance of any mortgage funds to your designated bank account once fees and outlays have been deducted.

Step 9: We deal with having the old mortgage discharged from the title of the property once the mortgage has been repaid.

Step 10: We deal with having the new mortgage registered against the title to the property and have the title deeds if required sent to the new lender until such time as your loan with them has been repaid.

Step 11: You are also sent a copy of your title once it has been issued by the Land Register.

We will keep you updated throughout the process.

We will provide you with a written fee estimate once we have obtained all the relevant information following an initial discussion or email exchange with you. If there are any expected complications during the remortgage, we will let you know and discuss any potential impact on price before additional fees are incurred.

Additional third-party costs

Typical third-party costs include:

  • Property Search and Legal Report payable to search company: £163.50
  • Registration fee for Discharge of Mortgage payable to Land Register: £60-£80
  • Registration fee for Security for new mortgage payable to Land Register: £80
  • Advance Notice for new Security payable to Land Register: £20
  • Plans Report: £120 (if applicable)

There may also be miscellaneous expenses such as obtaining copies of missing title deeds, the cost of which depends on the number of deeds required, or the requirement for a new title plan. Any such additional costs would be discussed with you at the time before proceeding.

These costs are either inclusive of VAT or no VAT is payable.

Please contact a member of our conveyancing team who will be able to arrange a free initial consultation to discuss the Remortgage. 

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Conveyancing Solicitors Glasgow, Scotland

At The Glasgow Law Practice we don’t just deal with the “black and white” law of your conveyancing transaction. 

We become involved in giving you advice at every stage so that you benefit from our years of experience in dealing with thousands of sales, purchases and remortgages.

This can be particularly valuable in your purchase transaction as we have significant experience of the market and ability to negotiate on your behalf with the selling agent, whose job it is to secure the best price from you for the Seller. In many cases this can result in us being at least “cost neutral“ for you by negotiating more of a reduction in the price than our fees cost you!

The Glasgow Law Practice

Our conveyancing fees

How much does conveyancing cost in Glasgow? Our fees are competitive and value for money. Sample fees for typical transactions are below:

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