Land Registry Form A Restriction & Securing Mortgage

Adminjsm

Hi all. I have my own home (~£900K) with a £300K mortgage. I have a BTL property (~£325K) with no mortgage. I am in a long term relationship (>10 years) but not married. My partner is self employed and does not make substantial profit - hence title to both properties (and current mortgage) is mine alone. In recognition that she has contributed significantly, we have Declarations of Trust reflecting her interest in both properties. We did this with a previous solicitor and never experienced any issues. However, on acquisition of the rental property, we recently revised the DoT for our home, and added a second DoT for the BTL. This time, the solicitor advised that we needed to submit "Form A Restrictions" to Land Registry for each property. We (yes, we....not just me) are trying to raise an additional £100K for further investment and are finding that despite the substantial equity, lenders do not want to know due to the "Pending" Land Registry changes. When asking our mortgage advisor whether the problem was because the changes were "Pending" (i.e. not committed) or whether the problem would be to do with the Form A Restriction itself, they advised "Halifax (my current lender) do not normally like this sort of restriction on the title". This worries me further as my current deal expires in the Summer and I do not want to be left moving onto SVR as no one (even my current lender) will give me a mortgage. Has anyone experienced this or does anyone have any insight? Many thanks.