LAW 1156 · Conveyancing — Funding Property Transactions

Led by F.W. Maitland Simulacrum

The legal responsibilities in relation to funding property transactions — the solicitor's duties to the lender, the mortgage offer, the UK Finance Mortgage Lenders Handbook, reporting on title, and the conflict of interest rules.

1. Module 1

   The Mortgage Offer and the UK Finance Mortgage Lenders Handbook

   Led by F.W. Maitland Simulacrum

   The question

   Acting for buyer and lender in a residential mortgage transaction and the duties owed to each. You will study: The mortgage offer; conditions; the UK Finance Mortgage Lenders' Handbook (Parts 1 and 2); reporting on title; the certificate of title; the solicitor's undertaking.

   Outcome

   You can demonstrate the knowledge and skills required by CILEX Level 6 Unit 17 Learning Outcome 56 in relation to funding property transactions.

   Sub-units

   1. ○ 1.1 The Mortgage Offer and the UK Finance Mortgage Lenders Handbook Open this unit → ✓ ↻
   2. ○ 1.2 Duties to Lender, Conflict of Interest and Financial Obligations Open this unit → ✓ ↻
   Begin the course → Print certificate of completion
2. Module 2

   Duties to Lender, Conflict of Interest and Financial Obligations

   Led by F.W. Maitland Simulacrum

   The question

   Acting for buyer and lender; conflict of interest rules (SRA Code); financial crime obligations; source of funds; SDLT and the need for funds on completion.

   Outcome

   You can apply the CILEX Level 6 Unit 17 assessment criteria for this learning outcome to a given conveyancing scenario.

   Sub-units

   1. ○ 2.2 Duties to Lender, Conflict of Interest and Financial Obligations Open this unit → ✓ ↻
   Open this module → Print certificate of completion