The Lenders’ Handbook - An Update for Conveyancers

Introduction

The UK Finance Lenders’ Handbook sets out mortgagees’ instructions to conveyancers, but its numerous clauses are loaded with pitfalls for the unwary practitioner.

This webinar is designed to consider some of the key issues that residential conveyancers must grapple with when acting for lenders.

What You Will Learn

This webinar will cover the following:

• Addressing concerns about rent charges, section 121 LPA 1925 remedies and the Leasehold and Freehold Reform Act 2024
• Why is it important for the seller’s conveyancer to adopt the Law Society’s Code for Completion?
• Purchase price: discrepancies and reporting requirements
• Building works in breach of restrictive covenant: reasonable enquiries to be made
• The Handbook’s instructions (including selected key Part 2 requirements) concerning service charges and ground rents
• Implications of the pending abolition of assured tenancies
• Lender requesting borrower’s file: can you refuse to release it?
• Obtaining BSA certificates, incomplete information, statutory presumptions

This webinar was recorded on 12th December 2024

You can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.