Thank you. I think that, between you, you have answered this topic but I do feel the issue of making an offer and withdrawing it after the client has exchanged needs to be tested in court. If the fire damage was present at the time of the original valuation, then the circumstances HADN'T changed by ...

Hi Melanie Mortgagees often have small print-type get-out clauses, such as the one which allows a withdrawal if fraud is discovered. In this case, some fire damage was discovered in the common parts of the building, but this didn't affect the flat in question. I guess it's down to what the small pri...

Anyone able to tell me at what point in time a mortgage offer becomes legally binding on the lender? In a real case which I came across recently, a buyer purchased an apartment at auction, having received a mortgage offer. The lender then withdrew the offer after carrying out a second inspection. To...

Thanks, you have been most helpful.

Colchester area

The IP was sent a questionnaire seeking information as to the nature of their claim but this was ignored. They will not deal with anyone in adverse possession and are not obliged to answer any questions until an application for registration is notified to them. At this point - and not before - they ...

Melanie Thank you for that reply. This caution has been on the register for a number of years. The IP did try to instruct an agent to sell a few years ago but was informed that the land was in my adverse possession and had been so ever since I purchased the adjoining property. The instruction was th...

Does a Trustee in Bankruptcy or an Insolvency Practitioner routinely place a caution on any unregistered land or property which a bankrupt claims to have an interest in or is suspected of having an interest in? I am thinking for instance of a case where a person became bankrupt and his trustee regis...