‘Remortgage-only’ mortgages are available for properties valued up to £2m.
When you move your mortgage to Metro Bank there are legal and valuation costs. The way these get paid depends on your remortgage type.
This type of remortgage is for simple transactions for freehold and leasehold.
We will appoint a solicitor to act on our behalf, and they will be in touch with you.
There may be additional fees which you will need to pay, for:
Please note: if you own your property outright you do not qualify for fee assist, cashback or free valuations on a loan under £150,000.
We recommend that you ask our solicitor for a full list of fees you will need to pay. You must read this, and all the other documents they send you, carefully.
If any of the following apply, you are not eligible for Legal Assist, and will need to apply for a Cashback remortgage instead:
A cashback remortgage rewards you with a lump sum when you complete on the mortgage. The money will be paid directly into your bank account, up to 10 working days after completion.
This money can then be used for your legal and valuation costs, but you can spend it on whatever you want.
Terms and conditions apply.