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RX1

Posted: Tue Feb 09, 2021 9:37 am
by Jones88
I’ve been asked to sign an RX1 form after my Iva has been agreed. I have signed and returned, however they have requested that my partner also signs this form.

The mortgage and property are solely in my name. Would she still be expected to sign this and what could happen if she didn’t sign it?

Re: RX1

Posted: Tue Feb 09, 2021 10:12 am
by Foggy
There is no reason for her to sign it, other than the IP using that fact as her agreement to remortgaging / releasing equity in due course. As she isn't on the deeds or mortgage she couldn't object anyway (without recourse to the courts) --- so this seems a waste of time.

I would be inclined to ask them what their reasoning might be.