388. Completion of the mortgage.

Once completion of the purchase of the property has taken place1, the mortgage deed is completed by insertion of the date of completion and any other formalities which have to be entered in it (for example, the date of the first repayment). The lender client may require to be informed that completion has taken place2.

Following completion of the mortgage, the lender's charge must be protected by registration on the charges register of the title3. The solicitor acting for the lender should take possession of all the necessary documents on completion and should effect the registration on behalf of his