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Response to The Legality of unsigned Mortgage Deeds.
from Terry (repossessed@grabbynational.co.uk)
Another way to look at this is what was your intentions when you
signed the mortgage deed? Put the shoe on the other foot. Would it be
fair if everybody was allowed to 'get out' of thier contractual
obligations just becuase the bank never signed the deed? It would not
be equitable and if this was the case, nobody would have got (or
would get) mortgages. That appears to be the way courts have viewed
(and may well do so still) this problem. I wouldn't rely on the fact
that a deed isn't signed too much as a way of getting out of the
problem you may have, i wish it was, but i don't think it will be
enough.
Disclaimer = I am not a lawyer, my advice is not to be construed as
having any legal effect.
(posted 8884 days ago)
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