Your conveyancing lawyer Kent will send the funds received from the buyer’s solicitor to pay whatever is outstanding on your mortgage account, if you are selling your property. Your mortgage company will register what is known as a charge on your property and in order to transfer the property to the buyer of your property your conveyancing lawyer Kent will make an application to remove this charge. The charge will be removed once the balance on the mortgage is discharged and this application is received by the mortgage company. The mortgage company will send a certificate of discharge to your conveyancing lawyer Kent who will forward this to the buyer’s lawyer.
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