Deed of consent and charge / deed of guarantee

Stenny1973

Hi eveyone,
I am currently re-mortgaging to obtain a better rate. The financial advisor has set the ball rolling. I have just received a load of paperwork to complete from a law firm asking me to fill out several forms (my head is already hurting!!).
One of the forms is titled "Deed of Consent and Charge / Deed of Guarantee" Also on the Deed of Guarantee part it says it has to be witnessed in the presence of a solicitor (I dont have one). I dont remember having to complete such a form when I re-mortgaged a couple of years ago, so is it a must, it isnt mentioned on the list of things enclosed to return in the law firms letter??

Thanks in advance

Stenny

Richard_Webster

Is anyone going to be occupying the property who is not going to be a borrower under the mortgage? If so they will need to sign a deed of consent.

Deed of guarantee sounds as if it is applicable to a situation where a borrower needs someone else to guarantee payment of his loan, e..g parents.

Were the documents completed with names of borrowers etc and the details of the property or are they entirely blank forms? If the latter, go back to the solicitors and ask them how you are supposed to sign blank forms.

Could well be that they simply sent out the whole pack they got from the lender without checking which ones are relevant and completing them appropriately.