Is a Client Authorisation all that is required to process a standalone Discharge of Mortgage

[BGoodwin]

As a law firm, does our lender client need to become a PEXA subscriber before we can process their standalone discharge of mortgage, or do we simply need a Client Authorisation and act as their representative subscriber.  Cheers.

[CateBarnes · Accepted solution]

Hi @BGoodwin,

That'a a great question.

You are correct, a CAF is all that you require to put through a standalone discharge of mortgage.

There are numerous benefits of subscribing though, such as visibility in the network and the ability to receive refinance and transfer invites.

For a panel solicitor such as yourself, having your clients on the network allows for a simpler process when creating Mortgage documents by ensuring their mortgage reference data has been hard coded into the system and that their company details are prepopulated for you.

Cheers,

Cate