Residential conveyancing
Buying
Whether you're a first time buyer or seasoned mover, at RMNJ your purchase will be handled by your own conveyancing specialist and their assistants, so there will always be someone on hand who knows about your case to deal with your queries and support you through the process of buying your home.
We will:
- Provide you with a clear breakdown of the costs involved with your purchase at the start of your matter
- Send you copies of all the important documents relating to the property
- Raise legal enquiries about the property and report to you with the replies
- Carry out legal searches on the property and explain the results
- Send you a report about the legal aspects of your new mortgage
- Keep you updated by text and email
- Clearly explain all the documents that you need to sign in connection with your purchase
- Send you a financial statement detailing the movement of monies throughout your purchase
- Agree the completion date when you can move into the property
- Register the property into your name after completion and send you a copy of the new Title Documents
Selling
It's often said that moving house is one of the most stressful events that you can go through, but at RMNJ we try to keep things stress free. Our highly trained conveyancers and their assistants are here to support you at every step of your sale.
To ensure that your sale proceeds smoothly, we will:
- Provide you with a clear breakdown of the costs involved with your sale at the outset of the transaction
- Keep you informed about progress - by email, letter or fax, whichever suits you best
- Draft the contracts and legal documents for the sale
- Deal with legal enquiries your buyer raises about the property
- Contact your current mortgage lender and deal with the repayment of your current mortgage
- Explain, in plain English, all the legal documents that you need to complete in connection with your sale
- Liaise and agree your completion date and transfer the funds due to you on the same day
If you have a sale and purchase, we will co-ordinate both transactions.
Remortgaging
It makes good sense to consider remortgaging your property every few years. You could get a better interest rate, special offers or you may want to raise funds by releasing some of the equity in your home. Whilst we don't give advice about which is the best mortgage, we can put you in touch with a specialist advisor to help you find the right product for you.
If you use RMNJ to deal with the legal aspects of your re-mortgage, we will:
- Provide you with a clear statement of the cost of your re-mortgage at the start of your matter
- Deal with the re-mortgage in the fastest possible time to suit you
- Keep you updated by phone, letter, email or fax - whatever suits you best
- Repay your existing mortgage and any other charges secured on the property and register your new mortgage with the Land Registry
- Guarantee that your re-mortgage is dealt with by a dedicated case worker and not a call centre
- Send you any balance money due to you on the day that re-mortgage completes
Lease Extension
If your lease is running low on years we can help and represent you on an extension of your lease from the Landlord. This is vital when selling or seeking a mortgage. Whilst each case is different as a general rule you can ask your Landlord to extend the lease by 90 years.
If your lease has less than 80 years left to run the Landlord can charge a premium and as the years approach the expiry date the amount payable increases. It’s advisable to get your lease extended before it falls below 80 years from expiry date.
Transfer of Ownership "Transfer of Equity"
If your circumstances change, you may need to transfer the ownership of your property from one name into joint names or the other way around. The legal term for this process is a transfer of equity. We can guide you through this procedure with minimum fuss and in the fastest possible time.
To deal with your transfer of equity, we will:
- Provide you with a clear statement of the cost of the Transfer as the outset
- Draft the deed which will bring about the change of ownership
- Obtain the consent of your current mortgage lender
- Register the change of ownership with the Land Registry and provide you with copies of the new Title Deeds