Remortgage, Equity Release

and Transfer of Equity

When remortgaging your property, releasing money from your property, or changing the ownership status of your property, seeking the appropriate legal advice is vital to ensure that you are financially protected.

At Bowsers Solicitors, our property lawyers have extensive experience advising clients on remortgage, equity release and transfer of equity. We will do all we can to ensure your transaction runs smoothly and efficiently while providing the most appropriate advice.

Remortgage Solicitor Cambridgeshire

The process of remortgaging a property can be overwhelming. At Bowsers Solicitors, we do all we can to alleviate any concerns you have to ensure the process can be carried out as soon as possible.

As part of our remortgage service, we will thoroughly explain your mortgage offer in detail in a way that is accessible and easy to understand. Furthermore, as part of our service, we conduct local searches, request the mortgage offer from your lender, redeem any current mortgages, register the new charge on the property with HM Land Registry and send you any monies due to you.

Remortgage Solicitor Fees

Based in the Fens and servicing clients across Cambridgeshire, Lincolnshire and Norfolk, Bowsers Solicitors offer competitive prices for all our services, including remortgaging. 

If you are looking for a lawyer for remortgaging, please contact our experienced property solicitors and chartered legal executives today on 01945 583194 (Wisbech) or 01354 652606 (March), or email Alternatively, you can fill in our contact form. 

Contact Us

Property Solicitors March and Wisbech

Bowsers Solicitors are local solicitors for the local community. Whether you are seeking to remortgage, release equity or transfer equity, speaking to a trusted solicitor about your circumstances is essential.

To speak to one of our friendly yet professional property solicitors or chartered legal executives today, please call 01945 583194 (Wisbech) or 01354 652606 (March), or email Alternatively, you can fill in our contact form

Equity Release Solicitor

Equity release allows a person to release money from their property, enabling them to live in their home for the rest of their life and remain the legal owner of the property. A legal charge is registered against the title to the property to secure the amount of the lifetime mortgage.

Upon completion of a lifetime mortgage, you receive a lump sum or regular income payments. However, unless it is a feature of your preferred product, you are not obligated to make monthly repayments. The lender recoups the amount you borrowed, including interest and fees, from the sale of your home after you pass away or move into long-term care or sheltered accommodation. Some providers permit you to transfer your lifetime mortgage to a new property or acquire a new lifetime mortgage if you purchase a new home.

Your lawyer at Bowsers Solicitors will take the time to fully understand your circumstances and advise accordingly, ensuring that this specialist area is dealt with carefully and that you can be confident that your chosen arrangement is suitable for you.


Transfer of Equity Cambridgeshire

Changing a property’s ownership status by adding or removing one or more people from the register is known as a transfer of equity. Seeking the appropriate legal advice is essential to ensure that the relevant forms and procedures are completed to a high standard, particularly in cases where there is a mortgage or the possibility of a dispute arising regarding the ownership change.

There are several circumstances in which a person might seek to transfer equity, including the following:

  • During a divorce or separation whereby assets need to be separated. This will typically be in cases where the property is the most significant asset.
  • As a result of a marriage, civil partnership or a couple moving in together where a new person needs to be added to the deed of a property that one partner already owns.
  • In cases where a joint owner is being bought out by a joint owner with whom you originally purchased the property.
  • To be tax efficient. A person might transfer equity to their children or another family member. However, seeking the appropriate advice surrounding this is essential.

Bowsers Solicitors can carefully guide you through the process, no matter the reason for wanting to transfer the equity or the complexities of your case.

Book an Appointment

Wisbech Office

15 South Brink
PE13 1JL

March Office

10 Market Place
PE15 9JQ