Hi,
I am at the end of my 5yr fixed rate period with BOI and have decided to switch to another bank. I have been accepted in principle with an LTV of circa 56%.
My question relates to the Legal end of things regarding the mortgage switch.
Do I need to use the Legal Firm I engaged at the time of buying the house or can I engage another firm? If so, will this increase costs if there is a lot of admin relating to the original Firm holding the Deeds, etc?
The original firm were pretty terrible to deal with and I'd prefer using someone else this time round...
Thanks,
Bren
I am at the end of my 5yr fixed rate period with BOI and have decided to switch to another bank. I have been accepted in principle with an LTV of circa 56%.
My question relates to the Legal end of things regarding the mortgage switch.
Do I need to use the Legal Firm I engaged at the time of buying the house or can I engage another firm? If so, will this increase costs if there is a lot of admin relating to the original Firm holding the Deeds, etc?
The original firm were pretty terrible to deal with and I'd prefer using someone else this time round...
Thanks,
Bren