We are in the process of moving house. Apologies for my naivety in the area
but current house we only purchased (1st home).
Do the solicitors organise ALL the money transfers? i.e. Will our
solicitor transfer the money to a current mortgage provider to clear that
mortgage and then transfer the equity and the new mortgage to the solicitors
of the people we are buying from?
What happens to the difference, i.e. we have arranged for slightly more
mortgage is necessary to do improvements etc. Will the "left over" get
transferred to our bank?