Need a bit of advice for my mum, please.
In a few days her mortgage ends and the property will be fully paid for. I suppose her main query is does she need a conveyancer? She's not moving home or selling it or anything, so her main concern is that her title deeds are updated. As far as I can understand it, her lender (The Woolwich) will either send her a letter saying they have reedemed her mortgage, or a form DS1/DS2 that she sends to the Land Registry. If The Woolwich redeem it themselves then she'll only get updated deeds if she applies for them, but if it's the forms she has to send in herself then she'll be sent updated copies out by the Land Registry. Does this sound right? Is there anything else she needs to do? Any advantages in a conveyancer in her situation?
Thanks!
In a few days her mortgage ends and the property will be fully paid for. I suppose her main query is does she need a conveyancer? She's not moving home or selling it or anything, so her main concern is that her title deeds are updated. As far as I can understand it, her lender (The Woolwich) will either send her a letter saying they have reedemed her mortgage, or a form DS1/DS2 that she sends to the Land Registry. If The Woolwich redeem it themselves then she'll only get updated deeds if she applies for them, but if it's the forms she has to send in herself then she'll be sent updated copies out by the Land Registry. Does this sound right? Is there anything else she needs to do? Any advantages in a conveyancer in her situation?
Thanks!