Transfer of Equity
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Atom Bank Mortgage in Place? Check the Conveyancer Before the Legal Work Begins
Using an Atom Bank mortgage? Check that the conveyancer handling your transaction can also work with the lender’s instructions before legal work and expenditure begin.
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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.