What are ATR’s?
ATR stands for Accountable Trust Receipt. When deeds are required by your solicitor and there is a balance outstanding on the mortgage, the deeds are sent out on what is known as “Accountable Trust Receipt” to your solicitor. This means that the deeds are going to your solicitor on loan only and can be recalled by the bank at any time.
If you have any other queries about deeds and securities you can call us on 01 6113333.