CASE STUDY: Protecting our lenders against fraudulent borrowers
Posted by: Titlesolv
What triggered the claim? The Lender was approached by Mr M for a short term loan to be secured as a second charge against the Property he jointly owned with his mother, Mrs Y. Once the loan was complete, Mrs Y would relinquish her interest in the property and Mr M would become the sole owner. Mr M was living at the property with his wife and Mrs Y and confirmed that they would be letting the property out and produced a tenancy agreement to reflect this. 6 months later, Mr M defaulted on the loan. The lender discovered that not only was Mr M still living at the property, but Mrs Y alleged that she had no idea why the property was no longer in her name, that she didn't know the solicitors who had acted on her behalf and that she did not understand the documents Mr M had asked her to sign.
Coronavirus (COVID-19) Business Continuity Plan & Our Working Arrangements
Posted by: Titlesolv
As a valued client and partner of Titlesolv, we are writing to let you know about our business continuity procedures during the Delay phase of the Coronavirus (COVID-19). There are daily updates from Government and we are undertaking precautions and taking additional measures to protect our staff, our clients and all those we work with.
Housing takes centre stage in the Autumn Budget
Posted by: Titlesolv
With issues from alcohol duty to growth forecasts under the microscope, the Autumn Budget included significant announcements on a diverse set of issues. Despite these concerns, attention was focused squarely on the Government?s housing proposals.
Buy-to-let considerations
Posted by: Titlesolv
In an attempt to help first time buyers and boost home ownership, numerous policy changes since 2015 have made it clear that the government is targeting the buy-to-let market and the purchase of second homes.
Hanging tough
Posted by: Titlesolv
Concluded in late June, Theresa May's deal with the DUP for a 'confidence and supply' arrangement within the House of Commons has attempted to bring a degree of certainty to an otherwise uncertain climate. Following calls for the Prime Minister to resign after a very disappointing General Election result, it seems that Theresa May's position has been bolstered for the time being.
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