Mortgage Deed

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Samsung_Note2
Samsung_Note2 Posts: 774 Forumite
in Mortgages & endowments
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

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  • scotgal30
    scotgal30 Posts: 72 Forumite
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    I would say so! Congrats :)
  • Samsung_Note2
    Samsung_Note2 Posts: 774 Forumite
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    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
    kingstreet Posts: 38,770 Forumite
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    That's stuff from conveyancer, not lender.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • Samsung_Note2
    Samsung_Note2 Posts: 774 Forumite
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    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
    davidmcn Posts: 23,596 Forumite
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    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
    Samsung_Note2 Posts: 774 Forumite
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    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
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