Lexsure Lender Archive
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Missing Title Deeds: What Did Your Mortgage Lender Require When You Bought?
Missing title deeds can cause concern when a property is sold or remortgaged. But before deciding what the problem means, establish exactly which documents are missing and whether the land is registered. A lost bundle of old papers does not necessarily mean that ownership is uncertain. Conversely, a registered title does not make every underlying…
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A Lender Is Claiming Against Your Firm: Which Handbook Instructions Applied?
A lender alleges that your firm failed to report a title defect, breached its mortgage instructions or submitted a Certificate of Title without the necessary authority. Before assessing that allegation, establish exactly which instructions applied to the transaction. The lender’s current Handbook wording may not reproduce the requirements in force when your firm received its…