Mortgage Deed

This is a document that must be signed by the borrower and must be in place when completion of the purchase happens. It is dated the day of completion. By signing the deed the borrower is agreeing to the terms of the mortgage offer and agrees for the lender to have a secured charge over the property. The mortgage deed is sent to Land Registry after completion, when the borrower applies to have the property registered in his name. The deed is often required to be sent to the lender once the property has been registered in the buyer’s name. The mortgage deed is sent to the buyer's conveyancer along with the mortgage offer.