We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
certificate of title
hells_bells
Posts: 88 Forumite
Hi there,
My mortgage is with Barclays and we exchanged on Friday on a leasehold property and due to complete this Friday. It says on the Barclays track it system that they have received the certificate of title and are undertaking further checks and if they need anything they will contact our solicitors. This is making me panic slightly. What does this mean? It says the funds haven't been requested yet for exchange?
My mortgage is with Barclays and we exchanged on Friday on a leasehold property and due to complete this Friday. It says on the Barclays track it system that they have received the certificate of title and are undertaking further checks and if they need anything they will contact our solicitors. This is making me panic slightly. What does this mean? It says the funds haven't been requested yet for exchange?
0
Comments
-
The COT is the request for funds.
It sets out the completion date and the date the funds are required for.
Barclays track it isn't the most reliable system. They often forget to update it.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Thank you King Street that's really helpful.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.3K Banking & Borrowing
- 252.9K Reduce Debt & Boost Income
- 453.2K Spending & Discounts
- 243.3K Work, Benefits & Business
- 597.9K Mortgages, Homes & Bills
- 176.6K Life & Family
- 256.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards