Residential Re-mortgage

At Freeman Box we recognise that every client has individual needs and each transaction will be different. Our fees will be tailored to the transaction at hand and discussed with you during our initial consultation. During the course of the transaction, should anything arise resulting in an increase in our fees, you will be informed immediately.

In this article, we set out a guide to the costs and expenses you can expect to incur in a typical residential re-mortgage transaction. Please contact us to discuss your personal requirements and to receive an accurate estimate.


Our fees* cover all of the work required to complete the re-mortgage of your property, including redemption of your existing mortgage and acting for your new mortgage lender or liaising with their own solicitors (whose fees you will also be responsible for), as applicable.



VAT payable?

Our legal fees

£500.00 minimum


Admin fee for money transfer




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.



VAT payable?


Search fees

including Local Authority Search, Water Authority Search, Environmental Search and Chancel Search:


In part

Upon instruction, we request £650.00 inc. VAT on account of searches.

The cost of Local Authority and Water Authority searches is dependant upon the location of the property and therefore we may request an additional amount on account if necessary. All searches are charged at cost with any surplus accounted for immediately prior to completion. If the matter does not proceed to completion, any search fees incurred will be paid from monies held on account.

Land Registry fees for copy Title

£3.00 per title

£3.00 per plan

£20.00 per document


Fees if copies applied for electronically. Postal applications incur higher fees

HM Land Registry fee (electronic submission)

£20.00 min.

£455.00 max


Fees in accordance with Land Registry scale, dependant on transaction value. Please see:

Land Registry fees will double if the application has to be submitted by post.

Electronic money transfer fee




Landlord’s registration fee for registering the mortgage (if leasehold property)


£50.00 to £100.00


This fee varies from property to property and can on occasion be significantly more than the range given. We will update you on the specific fee upon receipt and review of the lease from the seller’s solicitors

How long will my re-mortgage take?

Normally, the time to complete a re-mortgage will be 4 weeks. This may vary if complications arise, such as (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction.

We will keep you informed of any complications arising which could delay the process and of any resulting increase in costs.

Stages of the process

The precise stages involved in the re-mortgage of a residential property vary according to the circumstances. However, below we have set out some key stages as a guide:

  • Take your instructions and give you initial advice

  • Request from you money on account to cover initial searches

  • Receive and advise on the mortgage offer

  • Carry out searches

  • Obtain further planning documentation if required

  • Give you advice on all documents and information received

  • Agree completion date

  • Report on title to the new lender

  • Arrange a completion date

  • Request a redemption statement from the existing lender

  • Receive funds from the new lender

  • Redeem existing mortgage

  • Deal with application for registration at Land Registry

  • Transmit any balance of monies to you


* The fees mentioned in this article are for guidance purposes only and assume that:

  1. this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction;

  2. the transaction is concluded in a timely manner and no unforeseen complications arise;

  3. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation;

  4. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.