No charge for most remortgages
If you’re moving your mortgage to Skipton, but not moving home then you won’t have to pay anything for the legal fees involved. In other words, it’s free to you as we pay for the
legal costs!** Please be aware that legal work relating to some matters and not usually involved in a remortgage is not included in the free offer e.g. Transfers of Equity. Occasionally we may offer certain products with other benefits where we do not pay the legal costs. If this is the case, your mortgage advisor will have full details.
(Some payments to third parties may still have to be paid. Please read notes 1 and 2 for a fuller explanation. If the property value is above £500,000 additional fees may be payable.)
No time wasting visits
You won’t have to waste any holiday time or lunch hours visiting your solicitor, as they’ll keep in touch with you by phone and post. What’s more, they’re only ever a phone call away should you have any questions.
No completion, no charge!
If at any time your transaction falls through, then you won’t have to pay any legal fees.
(Some payments to third parties or which relate to matters not usually involved in a re-mortgage or purchase may still have to be paid. Please read notes 1, 2 and 3 for a fuller explanation.)
Your legal adviser
For your peace of mind, an experienced and respected firm, Walker Laird, is used in the Skipton Home Conveyancing Service.
Find out more
To take advantage of the Skipton Home Conveyancing Service for remortgages in Scotland all you have to do is visit your local Skipton branch or call 08457 171 777*.
Important Notes
The Skipton Home Conveyancing Service is only available where you choose to jointly instruct the Society’s recommended solicitor, as these fees have been specially negotiated with them.
The remortgage work is undertaken by the solicitors on a ‘reduced title check’ basis which the Skipton considers is sufficient to assess its security. If for any reason you you wish the solicitors to carry out a full title check on your behalf they can do so but any additional fees involved are payable by you.
We comply with the 1991 practice rules (fee sharing rules) published by the Law Society of Scotland and any solicitor to whom we may refer you is an independent professional from whom you will receive impartial and confidential advice. You are free to choose another solicitor but the fees quoted for the Skipton Home Conveyancing Service will not apply.
- Free legal fees for remortgages refers to the Society’s legal fees and disbursements in connection with the taking of a standard security which are usually payable by the borrower. Any fees or disbursements incurred which do not relate to the standard security e.g. first registration of title, correction of title defects, dealing with any legal or beneficial interests (other than granting a standard security) are payable by you e.g. transfers of equity. If you are aware that any of these may apply, please ask your adviser to ask your solicitor for details of fees which may apply. The solicitor may not be able to give definite cost figures without examining the legal title.
- Any fees payable to an existing lender (e.g. deeds production fees or redemption charges) are payable by you. If you have a leasehold property and a fee has to be paid to a management company or landlord for information, then this will be payable by you.
- A £25 CHAPS fee will be payable, and product fees may be payable.
**Maximum loan £500,000