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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: Lender Being an Equal Client
Change Date : 09/04/2019 | Word Count: 230 | Deployment Measure : 7/10
Rationale:
Important advice to the borrower client setting out your obligations to the lender as an equal client. This includes placing the borrower on notice of requirements, in certain situations to make disclosures as well as the potential for conflict of interest.
Please note that this firm is also acting jointly for your lender in this transaction. The lender has detailed instructions for us to follow called the UK Finance Mortgage Lenders' Handbook. These instructions (16,000 words long) sets out various requirements concerning due diligence and includes numerous obligations of disclosure in certain circumstances. The reach of
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