M
Mr.White
Guest
Hi,
I have a query on behalf of a friend of mine who is re-mortgaging his property with a bank from a B.S. and also topping it up to release some equity. He bought his home early last year and his father had to go as joint signature on the mortgage, due to his salary level.
Now that he is re-mortgaging now, his solicitor has requested that his mother completes a Family Declaration Form (not done last year with same solicitor). What would be the reason for his mother completing this form now? Our understanding is that his father may have to fill one out to declare that he would not use my friend's house as collateral and/or sell without consent.
Thanks for any advice,
Mr.White
I have a query on behalf of a friend of mine who is re-mortgaging his property with a bank from a B.S. and also topping it up to release some equity. He bought his home early last year and his father had to go as joint signature on the mortgage, due to his salary level.
Now that he is re-mortgaging now, his solicitor has requested that his mother completes a Family Declaration Form (not done last year with same solicitor). What would be the reason for his mother completing this form now? Our understanding is that his father may have to fill one out to declare that he would not use my friend's house as collateral and/or sell without consent.
Thanks for any advice,
Mr.White