Deed of Mortgage Solicitors in Chesterfield and Sheffield

A mortgage deed secures a home mortgage loan.

A mortgage deed is a legal document that gives a mortgage lender a lien or security interest in a piece of mortgaged property. For example, if you take out a mortgage loan to purchase your house, you will sign a mortgage deed giving the lender a lien on your home.

It can be used if you receive a ‘loan’ towards the purchase of a property from a friend or family member.

With a Deed of Mortgage, the ‘loan’ will therefore be protected against the possiblity of a change in the relationship for an unmarried couple or a divorce, ensuring that the loan value will be repaid first to the lender and then any residual equity, will be then divided accoring to your agreement.

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Supporting Charities

We speak the same language as the charities we represent and we understand how crucial our advice is to our clients. Buchanan & Co are in the top 10% supporting Solicitors in the country and not only can offer the CRUK FREE Will service, but also a ‘grant’ towards the cost of preparing Lasting Powers of Attorneys, all courtesy of CRUK. To get more details, contact us via our enquiry page

In 2023 there were 122 contested probate cases, up from 116 cases in 2022, according to the Ministry of Justice Family Court Statistics.

Philip Collins, Partner at Winckworth Sherwood, said that it “isn’t at all surprising” that there has been a rise in contested probate claims. He said: “We know that significant amounts of wealth, often tied up in property, is currently being passed down to younger generations. Inherited wealth is becoming increasingly important and can often […]