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Lawyers, lendesrs and buyers.

By: Contributor(s): Series: Estates Gazette ; (9923) 12 June 1999, 140-141(2)Publication details: 1999Subject(s): Summary: Examines case law relating to the subject of a solicitor acting for both the lender and borrower in a mortgage transaction. Concludes that a solicitor must supply the lender with any non-confidential information acquired in the course of the mortgage transaction which may cause the lender to doubt the correctness of the valuation or the bona fides of the borrower.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS60850 (Browse shelf(Opens below)) 1 Available 101360-1001

Examines case law relating to the subject of a solicitor acting for both the lender and borrower in a mortgage transaction. Concludes that a solicitor must supply the lender with any non-confidential information acquired in the course of the mortgage transaction which may cause the lender to doubt the correctness of the valuation or the bona fides of the borrower.