Hello, hope someone with knowledge can help!
Trying to remortgage with another lender after our current fixed rate deal came to an end. All was progressing nicely when we came to a halt over a restriction on our title. DP and I own as Tenants in Common in unequal shares 75/25 - the restriction is this:
"No disposition by the proprietors of the registered estate is to be registered unless one or more of them makes a statutory declaration or statement of truth, or their conveyancer gives a certificate, that the disposition is in accordance with a Declaration of Trust dated ...... and made between Spickle and Spickle's DP both of (address) or some variation thereof referred to in the declaration, statement or certificate."
We don't want the restriction removed, we want the title deeds to remain as is, apart from the change of lender.
Can anyone advise how we can get past this hurdle, as our case is going nowhere, even though we sent them a copy of the Declaration of Trust and a signed Statement of Truth as they requested? They acknowledged receipt of these over a month ago and there has been no progress since.
Thank you!