How long does it take to remortgage?

Wednesday, 22 October 2008 04:25

A reader from Wales wants to know how long it takes to remortgage.

Tony Davis, myfinances.co.uk mortgage expert from Mortgage Meadow, takes her through the problem and what it means to her finances.

Nerys from Bridgend asks:

How long does a remortgage take to complete including a payout?

Tony replies:

How long should I cut the string?

It is possible to complete a remortgage in a week, but it could take several months depending upon access to your property, the time it takes for the legal work to be carried out and equally how busy the lender is.

If you have a question for Tony, go to the myfinances.co.uk Ask the Mortgage Expert section. ">

Or for more information or mortgage advice go to Mortgage Meadow.

Mortgage Meadow is an independent mortgage broker and is authorised and regulated by the Financial Services Authority

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