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Banking Practice Note

Once the trustees have approved the mortgage, the loan documents, mortgage instrument (or authority and instruction form) and any other documents required to register the mortgage (“the mortgage documents") have to be signed by ALL of the trustees noted in the Court records: (a) This is because the mortgage has to be registered under the Land Transfer Act 2017 (see s 227(2) of the Act).

Documents/Practice-notes/Banking-Practice-Note.pdf (204 kb)