lender panel
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UK Finance Does Not Keep Old Part 2 Records. So How Do You Check What a Lender Required?
UK Finance does not retain Part 2 answers after lenders remove them from its website. We examine the resulting historical evidence gap, the importance of Part 3 file records and how the Lexsure Lender Archive can help establish what a lender required at the relevant time.
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Buyer’s Solicitor Not on the Lender’s Panel: Can the Sale Still Proceed?
A seller had been waiting for more than 11 weeks after accepting an offer. Their own onward purchase was approaching exchange, but the buyer still did not have a mortgage offer because the buyer’s solicitor was not on the proposed lender’s conveyancing panel. The solicitor had reportedly applied to join the panel, but the seller…