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    Your Go-To Mortgage Solicitors Wimbledon

    While the purchasers’ solicitors are waiting for draft contracts and the other documents relating to the title of the property for sale, the purchasers will normally be making their final arrangements with their lender.

    Once the mortgage company has made a decision that it is happy to lend, it will send out a formal mortgage offer will usually send to the purchasers’ solicitor a copy of the offer as well because they will want them to be aware of any special conditions on the offer and to make them know to the purchasers.

    Mortgage companies will usually want a purchaser’s solicitors to act on their behalf as well as for the purchaser. This means that the solicitors have a duty to follow both the lender’s and purchaser’s instructions and to make sure that the property does offer good security for the loan. Solicitors acting for the lender, as well as the purchaser, follow strict guidelines published by the Council of Mortgage Lenders.

    The Solicitor Acting for Mortgage Lender

    In most circumstances, buyers will have their mortgage arrangements in hand before they instruct their solicitors. However, if you do need assistance with arranging your mortgage we can put you in touch with specialised mortgage brokers who will be able to help you.

    Buying Guidance

    We are happy to discuss your requirements with you and to advise in general terms on all aspects of the transaction and the estimated legal cost. Please either contact us by telephone or email us at: info@ashworths.co.uk

    CALL US: 0345 370 1000

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