The Lenders' Handbook has been around for some time now, but it doesn't stand still; it is constantly changing. Experienced conveyancers may take it for granted; some new conveyancers may not have studied the handbook carefully, both options are dangerous.
Have you seen the Building Society Association's Standard Mortgage Instructions? How are they different from the CML Lenders' Handbook?
Practice Rule 3.19 was an integral part of the Handbook but it has now been abolished. This has forced the creation of a new CoT for both solicitors and licensed conveyancers.
With reductions of lender's panels you may only be acting for the borrower or the lender. The CML has launched The Lenders Handbook Part 3 for separate representation. How well has this been thought through? What are the problem areas?
These and other questions will be answered in this three hour trip through the 'mortgage instruction minefield'.
What You Will Learn
This seminar will cover the following:
- The new CoT and what it means
- The main differences between the CML and BSA instructions
- Leaseholds - flats
- Separate representation - The lenders' Handbook Part 3
- Registration - 'big brother' IS watching
Speaker: Keith Worrall, Solicitor, and practitioner with 30 years experience and a CPD speaker for over 14 years. Keith has a wealth of experience from 'both sides of the track' and has an intuitive feel for delegates' preferences on the practical aspects of attending CPD seminars. He is renowned for his charismatic and relaxed style of delivery and makes seminar attendance enjoyable as well as productive and informative.