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Owner's Consent Form in basic terms?

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mg27127
mg27127 Posts: 1 Newbie
in Mortgages & endowments
Can someone please just help me in basic terms. I've been asked to sign an Owner's Consent Form/Certificate as my mother is applying for a loan. Can someone please just explain what it is in basic terms for me before I sign it? Does anyone know if it affects future inheritance or will I be liable to pay anything if something goes wrong as. a result? Everything I find online is full of jargon.

Comments

  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    1,000 Posts Second Anniversary Name Dropper
    If your mum's house gets repossessed you agree to leave the property without making it difficult for the lender to take possession.  
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