Chapter 9 Residential transaction case study

Mortgages

Our clients:
1. Shilpa Jennings - sale of 19 Minster Yard Blakey
2. Shilpa Jennings and Daniel Rodriguez - purchase of 9 Castle Hill Blakey

We act for Shilpa Jennings ('Shilpa') who is selling 19 Minster Yard Blakey for ?100,000 and Shilpa and Daniel Rodriguez ('Daniel') who are buying 9 Castle Hill Blakey for ?200,000.

We have received our instructions from the lender in respect of the clients' mortgage offer on the purchase of 9 Castle Hill Blakey. When acting for the lender we must have regard to the CML Lenders' Handbook

We will need to complete the legal charge for execution by the clients and the Certificate of Title to be sent to the lender before completion.