Lexsure Knowledge Hub
Makes available the latest paragraphs for you to consider including in your Report on Title.
text for Report on Title:
ROT: Funds from a related buy-to-let remortgage
Change Date : 18/11/2019 | Word Count: 43 | Deployment Measure : 9/10
Rationale:
Sets out firm’s requirement to check with lender that they are aware of how this purchase/deposit is being funded
We understand you are now reliant upon funds from another property which is being remortgaged as a let to buy. As per the Special Conditions of the Mortgage Offer, we require confirmation that {specify} are
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