TR1 form wording for s8. consideration

I have separated from my husband and he is staying in the property we jointly own. He has been accepted for a mortgage on his own therefore will be paying off our previous joint mortgage and taking me off the property deeds. I am not having any money/equity out of the transfer of the property. In the consideration box the conveyancers for his new mortgage have written the following, and I'm not sure if this is the correct way for it to be done? 
'The Property is subject to a charge in favour of Elderbridge Limited and Landmark Mortgages under which there is currently owed the sum of £103872.29 and in consideration of this Transfer the Transferee has agreed to contemporaneously discharge the same and as a consequence the said (*my name*) is benefiting in the sum £51936.145.'
Is this the usual way for this to be done? I'm concerned about the implications of it saying I'm 'benefiting' when I'm not getting the house or any monetary payment. 

Nadine - it's not for us to advise whether that's correct or not as the conveyancers/lenders have to make such decisions. We will only consider it when the actual application is submitted - the guidance we can provide is limited to that provided online Guidance: how to complete form TR1 - GOV.UK