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Makes available the latest paragraphs for you to consider including in your Report on Title.
text for Report on Title:
ROT: Pre-exchange LM04 Search to Check Lender Instructions (Leasehold adaptation in light of LRA)
Change Date : 19/07/2022 | Word Count: 169 | Deployment Measure : 7/10
Rationale:
6.4b of the 2022 CQS (CPMS) sets out that firms need to ensure that Part 2 of the UK Finance Handbook is checked by a fee earner to ascertain the lender’s standard requirements, as well as those specific to a transaction, and for verifying that all of those requirements have been satisfied, prior to exchange. Lenders are making significant changes to their P2s in light of the LRA .
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