I'm right at the end of a remortgage, but before the lender releases the funds they have just sprung this clause on me:
"Condition 17.56 – Prior to the release of funds we require the details a UK firm of solicitors minimum of 2 partners on whom we can serve notice on in the event of default. "
This is apparently standard practise for expats like myself. And all the lender needs is someone to email and "confirm you a willing to act for the above mentioned mutual clients in the event of a default in relation to condition 17.56 of their mortgage offer".
The person I usually use (and probably will not use again) needs to consult the head of practice and this person is away for two weeks. Not impressed.
Anyone willing to help out? More than happy to pay the rate; before anyone asks I'm not after a favour.
Please PM me.
"Condition 17.56 – Prior to the release of funds we require the details a UK firm of solicitors minimum of 2 partners on whom we can serve notice on in the event of default. "
This is apparently standard practise for expats like myself. And all the lender needs is someone to email and "confirm you a willing to act for the above mentioned mutual clients in the event of a default in relation to condition 17.56 of their mortgage offer".
The person I usually use (and probably will not use again) needs to consult the head of practice and this person is away for two weeks. Not impressed.
Anyone willing to help out? More than happy to pay the rate; before anyone asks I'm not after a favour.
Please PM me.