| When we
receive the mortgage valuation we will send
you a formal mortgage offer which will update
all the information you received in your
original KFI. At the same time we will instruct
your solicitor for preparation of the legal documents in connection with the mortgage.
When your solicitor confirms that contracts
have been exchanged or that they are ready
to complete the remortgage from your existing
lender, we will transfer the funds to your
solicitors bank account so that the
transaction can be successfully completed
on the due day.
On completion we write to confirm your payment
details, insurance arrangements, and to
welcome you as a borrowing member of the
Society.
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