Mortgage Deed

Samsung_Note2

Just logged onto my conveyancing portal and noticed messaged states, Mortgage Deed and our Terms of Business sent.

Assuming this is the Offer from the new mortgage provider...would call the office but will be shut and im super curious/excited.:j

scotgal30

I would say so! Congrats

Samsung_Note2

scotgal30 wrote: »

I would say so! Congrats

Fingers crossed...going from 5.03% Interest only to 1.96% repayment...now that a result id say,hence why im super excited.

All seems a bit to good..lol

kingstreet

That's stuff from conveyancer, not lender.

Samsung_Note2

kingstreet wrote: »

That's stuff from conveyancer, not lender.

Ahhh so signing Deeds is for what...probably really basic and simple...thought the offer came via them.

davidmcn

Samsung_Note2 wrote: »

Ahhh so signing Deeds is for what...probably really basic and simple...thought the offer came via them.

The mortgage deed is the thing they register against your title to create the charge in favour of your new lender. Doesn't necessarily mean a mortgage offer has been issued (or will be), just the conveyancer doing their thing in the meantime.

Samsung_Note2

davidmcn wrote: »

The mortgage deed is the thing they register against your title to create the charge in favour of your new lender. Doesn't necessarily mean a mortgage offer has been issued (or will be), just the conveyancer doing their thing in the meantime.

Ahh thank you..good to know..1st remortgage so clueless.:o