Category: Mortgages

What role does a solicitor have when re-mortgaging?

Re-mortgaging requires various legal activities from a solicitor. Tasks include:

  1. Reviewing property title deeds:
  2. Mortgage document preparation: The solicitor will prepare the legal documentation for the new mortgage. This document contains property, lender, and borrower information.
  3. Property search: The solicitor will check the property for charges or liens.
  4. Registering the mortgage: The solicitor will register the new mortgage with the Property Registration Authority (PRA) for legality.
  5. Advising the client: The solicitor will explain the mortgage conditions and dangers to the client.

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