Text for Terms & Conditions
T's & C's: Mortgage Lender Requirements and Approval Before Exchange
- Change date
- 14/10/2026
- Word count
- 191
- Deployment measure
- 8/10
Rationale
The new draft Protocol emphasises obtaining further written lender instructions before exchange where an issue has been reported. The suggested wording explains the firm’s separate duties to the lender and why a mortgage offer alone may not establish that the transaction can proceed.
Where we also act for your mortgage lender, we owe separate professional duties to the lender and must comply with its instructions. We may need to report matters affecting the
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