certificate of title

tiff456

Hi quick question for any experts.

I'm nearing the point of exchange on buying a new build.

My solicitor is telling the mortgage lender they need a "certificate of title" without manual amendments as they are always rejected in the past when they have submitted those.

The mortgage lender is replying due to the "change in property" since original offer (this might refer to us getting some extra land) the old certificate of title needs to be used and crossed through/amended and initialled with the new details writen next to it.

I don't really know what much of this means but I know I'm stuck between the bank and the solicitor disagreeing about the correct process regarding if it can be manually changed or not.

Any help would be much appreciated.

kingstreet

Nothing you can do about it.

It sounds like the irresistible force and the immovable object.

In this respect the solicitor is acting for the lender and needs to sort this out with the client, not you.

tiff456

Well my solicitor says we are waiting on the bank because they must issue a new title certificate and the bank say no the the old one can be amended and my solicitor says it can not as would be rejected.

I was just wondering which view was actually correct. I know there is nothing I can do about it.

kingstreet

Solicitors have their own department to talk to at a lender's HQ, the Completions Department and no-one else, not the borrower, not the broker, gets the phone number.

Unfortunately, the solicitor is going to have to sort this out with his client. The lender is telling him something he isn't prepared to accept and at some point someone is going to have to climb down.

Who is correct? The solicitor follow's his client, the lender's instructions, so I know which one I fancy to win this one.