• Transfer Of Equity -charges

    By Guest on 13th Jan 2016

    Can I still carry out a transfer of equity if there is a charge on the property and the loan in question won't be paid up

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    By Guest on 13/01/2016

  • By Guest on 13/01/2016

    Yes but you will need the consent of the lender which is not obliged to consent. If you are adding someone they will have to become a joint borrower under the mortgage and if you are taking someone off they will need to be released from the mortgage. Either way the lender will insist that you instruct a solicitor.

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