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change of equity and remortgage
PierremontQuaker03
Posts: 336 Forumite
Hi,
I am getting slightly confused with a BTL remortgage going thru at the moment. I have selected the provider and the mortgage I want and received information from the providers solicitor and completed the information.
I notified the providers solicitor that at the time of this remortgage I have decided to add my wife on to the deeds, but I am doing it thru my solicitor (as I got a better cost for doing it).
I asked my solicitor when they needed to be paid for the work but they said that they would deduct it when they receive the funds from my previous mortgage provider and supply a final bill.
I thought all the funds would go thru the providers solicitor as if I had not wanted a change in equity then I would have not have had my solicitor to be involved at all - am I being thick!
Does this make sense?
Thanks
I am getting slightly confused with a BTL remortgage going thru at the moment. I have selected the provider and the mortgage I want and received information from the providers solicitor and completed the information.
I notified the providers solicitor that at the time of this remortgage I have decided to add my wife on to the deeds, but I am doing it thru my solicitor (as I got a better cost for doing it).
I asked my solicitor when they needed to be paid for the work but they said that they would deduct it when they receive the funds from my previous mortgage provider and supply a final bill.
I thought all the funds would go thru the providers solicitor as if I had not wanted a change in equity then I would have not have had my solicitor to be involved at all - am I being thick!
Does this make sense?
Thanks
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