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A Mortgage Release formally ends a lender's legal interest in a property once the borrower has fully repaid their mortgage. It's the official document that proves you've cleared your mortgage debt and now own your property outright in England and Wales.

When you finish paying off your mortgage, your lender must file this release (also called a discharge) with HM Land Registry within 30 days. This important step removes the lender's charge from your property's title register and confirms you as the sole owner. Banks usually handle this process automatically, though you might need to request it if dealing with older mortgages.

You need a Mortgage Release when selling or refinancing property that had a previous mortgage which has been paid off. This document proves to potential buyers or new lenders that the old mortgage no longer affects the property's title. It's especially important during property transactions where the buyer's solicitor needs clear evidence that all prior mortgages have been properly discharged.

Getting your Mortgage Release sorted early helps avoid delays in property sales or remortgaging deals. Estate agents and conveyancers often request this document during the early stages of a transaction, and having it ready speeds up the process significantly. If you've recently paid off your mortgage but haven't received the release, contact your lender to request it.

• Mortgage Payoff Lien Release: The standard form used by lenders to officially discharge their legal interest after full mortgage repayment. This release removes the charge from Land Registry records and includes key details like the property address, original mortgage date, and confirmation of complete payment. Some lenders use a shorter e-release for digital submissions, while others still require traditional paper forms with wet signatures, particularly for older mortgages or complex cases involving multiple lenders.

• Mortgage Lenders: Banks and building societies must prepare and file the Mortgage Release when a borrower fully repays their loan. They're legally required to submit this to HM Land Registry within a month of final payment.
• Property Owners: Receive the release as proof their mortgage is cleared. They often need this document when selling or remortgaging their property.
• Conveyancing Solicitors: Review and verify Mortgage Releases during property transactions to ensure clean title transfer.
• HM Land Registry: Processes the release and updates the property's official title register to remove the lender's charge.

• Property Details: Gather the property's full address, title number, and Land Registry details. Our platform helps ensure these are formatted correctly.
• Mortgage Information: Collect the original mortgage date, account number, and confirmation of final payment from your lender.
• Identity Verification: Have proof of identity for all parties named on the mortgage ready for the lender's records.
• Title Check: Review current title register to confirm the exact names and details match the original mortgage.
• Submission Plan: Prepare for electronic submission to Land Registry, including any required fees and supporting documents.

• Property Identification: Full legal property address and title number as registered with HM Land Registry
• Lender Details: Complete name and registered address of the mortgage lender, plus their reference number
• Discharge Statement: Clear declaration that the mortgage has been fully repaid and the charge is being removed
• Original Mortgage Reference: Date and details of the original mortgage agreement being released
• Authorisation Section: Names, titles, and signature blocks for authorised lender representatives
• Execution Date: Clear dating of the document, formatted according to Land Registry requirements

A Mortgage Release is often confused with a Release of Lien, but they serve distinct purposes in property transactions. While both documents remove claims against property, their scope and application differ significantly.

• Legal Scope: A Mortgage Release specifically removes a mortgage lender's charge from the property title, while a Release of Lien can apply to various types of financial claims, including builder's liens, tax liens, or judgment liens.
• Timing and Process: Mortgage Releases typically occur after complete mortgage repayment and require Land Registry registration. Lien Releases can happen at any time through negotiation or settlement.
• Required Parties: Mortgage Releases involve the mortgage lender and borrower, whereas Lien Releases might involve contractors, tax authorities, or other creditors who hold claims against the property.
• Documentation Requirements: Mortgage Releases must follow strict Land Registry formatting, while Lien Releases can vary in form depending on the type of lien and releasing party.