If you need to re-mortgage your home, you will need to instruct experienced residential conveyancers to assist with the legal aspects of your re-mortgage.
BRM's expert property team will carry out your mortgage lender's requirement including:
Checking the terms and conditions of your mortgage offer. We will tell you if there are any particular requirements you need to fulfill for your re-mortgage.
If your mortgage lender requests that searches are carried our on your property (such as land registry searches and local authority searches), we will do this for you.
Reviewing the title deeds for your property so that we can advise your mortgage lender that your property details on the instructions for your re-mortgage are correct.
Notify your mortgage lender if there are any issues with title to your property.
Preparing the mortgage deed.
Carry out a bankruptcy search on each of the borrowers named in the application on your re-mortgage. We will also carry out a search for any land charges which may have been applied on the property you are re-mortgaging.
When the date of completion for the re-mortgage has been agreed, we will contact your mortgage lender to obtain details of the redemption figure for the current mortgage.
Complete the Certificate on Title.
Notify the Land Registry of the re-mortgage as the new mortgage must be registered with them.