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CHANGE OF SERVICING AGENT DECLARATION Borrower: XXX Lifetime Mortgage: XXX Property: XXXIX X I/We Confirm: 1. That I/We agree to transfer full servicing rights for the lifetime mortgage to the below
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Obtain the change of servicing agent form from the relevant authority or agency.
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Carefully read and understand the instructions provided along with the form.
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Fill out the form with accurate and up-to-date information.
04
Provide your current servicing agent details, such as name, contact information, and any other required information.
05
Clearly indicate the reason for the change of servicing agent.
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Review the completed form to ensure all information is correct and legible.
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Submit the form to the appropriate authority or agency as per their instructions.
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Follow up with the authority or agency to confirm receipt and any further steps required.

Who needs change of servicing agent?

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Individuals or organizations who wish to change their current servicing agent
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The change of servicing agent refers to the process of updating and replacing the current entity responsible for managing or servicing a particular account or contract.
The party responsible for managing or servicing the account or contract is required to file the change of servicing agent.
To fill out the change of servicing agent, the party must complete the designated form provided by the relevant authority and submit it according to the instructions provided.
The purpose of the change of servicing agent is to ensure that accurate and up-to-date information is maintained regarding the management and servicing of the account or contract.
The change of servicing agent form typically requires information such as the new servicing agent's details, effective date of the change, reason for the change, and any relevant account or contract information.
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