Tag: Halifax solicitor panel
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Halifax solicitor panel face new obligations for Transfer of Equity cases
In 2013 Halifax introduced an obligation requiring panel firms to confirm the effective date of a transfer of equity. The historical change remains a useful lesson in post completion controls, lender reporting and panel compliance.
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Halifax Solicitors Panel – Requirements for e-Document Registration
Solicitors on the Halifax Solicitors Panel should take note of an important change concerning sending the lender the original mortgage deed post completion of registration of their charge. Ordinarily Halifax’s Part 2 retirements dictate that the Land Registry should retain the original deeds. As of today I have been notified via LENDERmonitor of the following…
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Halifax Part 2 changes requirements relating to delayed completion
Those lawyers on the the Halifax solicitors panel need to be aware that Halifax has made important changes in relation to section 10.7 of their Part 2 lender 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.…