Duties to Lenders Revisited
The Lenders’ Handbook is quite simply the instructions we receive from our most important clients – the lenders who fund most purchases.
The requirements of the Handbook are not optional
They govern the majority of conveyancing transactions and a failure to adhere to its contents could render a firm liable to the lender in the event of default by the buyer.
The best lawyers execute a Certificate of Title (CoT) with a fair degree of trepidation. An important fact lost on many fee earners is that by signing the CoT, the lawyer is certifying compliance with all the requirements set out in the Lenders’ Handbook. The implications are significant.
This free 30 minute webinar, taking place on Tuesday 2nd June at 10:30am, highlights issues concerning Handbook compliance and identifies technologies available through Onesearch Direct that assist firms in being fully compliant with any changes to the Handbook.