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Transfer of Equity Advice
emmalouise1777
Posts: 16 Forumite
Afternoon all, I hope someone can point me in the right direction.
I'm in the process of re-mortgaging, and as part of that, removing my Mum from the deeds. I have been offered a mortgage, and am now doing the legal bit. I have a load of forms to complete, and would just really appreciate some advice on the most efficient way to get these submitted.
ID1 (my Mum) - I understand this must be overseen by a solicitor, is this correct?
TR1 - both my Mum and I have to sign and return a copy?
RX3 - I'll be honest, I don't really know what this is
SDLT1 - Natwest (new lender) are requesting this, but I have not been sent one by the legal company acting for them
Bit of factual background:
House is is mine and my Mum's names, we are both happy for her to be removed. There will be no monetary transfer.
Any advice very much appreciated.
I'm in the process of re-mortgaging, and as part of that, removing my Mum from the deeds. I have been offered a mortgage, and am now doing the legal bit. I have a load of forms to complete, and would just really appreciate some advice on the most efficient way to get these submitted.
ID1 (my Mum) - I understand this must be overseen by a solicitor, is this correct?
TR1 - both my Mum and I have to sign and return a copy?
RX3 - I'll be honest, I don't really know what this is
SDLT1 - Natwest (new lender) are requesting this, but I have not been sent one by the legal company acting for them
Bit of factual background:
House is is mine and my Mum's names, we are both happy for her to be removed. There will be no monetary transfer.
Any advice very much appreciated.
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