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Post mortgage questions
elwez
Posts: 4 Newbie
hey folks,
Looking to find info on what steps should be undertaken when a mortgage has been cleared. My bank has given me a closing statement showing the balance as zero but they don't send out an info pack on whats next. I got a couple of different answers from staff when i went into the branch.
The bank have said their head office holds the deeds for free as long as they are marked against them. Do I need to update anything with the LPS (land and property service in Northern Ireland) to show that I'm now the sole owner and remove any ties to the bank?
Looking to find info on what steps should be undertaken when a mortgage has been cleared. My bank has given me a closing statement showing the balance as zero but they don't send out an info pack on whats next. I got a couple of different answers from staff when i went into the branch.
The bank have said their head office holds the deeds for free as long as they are marked against them. Do I need to update anything with the LPS (land and property service in Northern Ireland) to show that I'm now the sole owner and remove any ties to the bank?
0
Comments
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Bank deals with the legalities. May take some weeks to be registered. You need do nothing.0
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