If there is a Mortgagee on Title and they are providing consent to the change in manner of holding, you will need to invite them in as CT Controller. If the bank require a refinance (as the terms of their mortgage are changing or the registered proprietors are refinancing), you will need to invite the discharging mortgagee as Mortgagee on title and invite in an Incoming Mortgagee as well.
You will also need to add a settlement date to the workspace and complete a duties form and stamp, even if the transaction will be non-dutiable. As the workspace will have a settlement date, you will need to pay for the transaction from Trust funds or if there is a refinance, the fees may be paid as part of the refinance. The fees are unable to be direct debited from your account when there is a settlement date.
Hope that helps, if you would like any further clarification or assistance, please let us know!