Monday, 28 January 2013

Halifax Part 2 changes requirements relating to delayed completion

Those on the the Halifax solicitors panel need to be aware that Halifax has made important changes in relation to section 10.7 of their CML handbook Part 2 conditions. The requirements set out how quickly a conveyancing solicitor should return the the mortgage advance in situations where there is a delayed completion. The time frame to return monies depends on the account/roll number and can vary between 1 working day or 5 working days. Please click here to see the change.

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