The Inheritance Guide

We are here to help, call 0808 197 6333

A simple way to unlock probate
View Question

Date Posted:
27-Aug-2013 14:37:52

Start proceedings by writing to the deceased’s mortgage provider informing them of the death. In this letter include the deceased’s name, address, mortgage account number and a death certificate. It is necessary to let them know your intentions regarding the property.

If there is an insurance policy associated with the mortgage this can be used to pay it off. If a sale is taking place on the property, the conveyancing officer will use the proceeds of this sale to repay the mortgage. Or, if a beneficiary wishes to live in the property it is possible to create a new mortgage in their name. If beneficiaries are uncertain about the future of the property some leeway can be given in the form of a payment holiday.

Most mortgage lenders will wait until probate has come through before expecting repayment. However, others insist that the mortgage repayments are continued in this time. Establish this right away so that you can arrange a way to pay it if needs be.
Press Esc to close

Please be patient this can take a few minutes, we are processing your information and populating the relevant forms.