Tag: mortgage offer delay
-
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…