If the mortgage was only in the name of the deceased, they’re known as the sole borrower. This means the mortgage is a debt of their estate and must be repaid in full. The money to do this usually comes from a life policy, the estate, or from selling the property.
We can’t release full information about the mortgage to you until we’ve seen the original Grant of Probate, Letters of Administration or Certificate of Confirmation.
However, we can let you know the balance and monthly payment amount so you can seek Probate and continue to make the mortgage payments. To get this information (which will be sent to the mortgaged address) you’ll need to show us the original death certificate, the original coroner’s interim certificate or a solicitor’s death certificate verification form.
We can’t transfer the mortgage to anyone else. If you’re a beneficiary, you or someone else can apply for a new mortgage for the property, but we can’t guarantee to accept the application.