Under “Latest Policy Updates” on its website, the Council of Mortgage Lenders has an item entitled “Conveyancing and Land Registry Issues – This deals with general conveyancing issues particularly relating to the Land Registry.” Excitement? The CML, one guesses, is responding to the problems created by the Land Registry’s new early completion policy, and is deciding to kick its members into providing mortgage discharges in a more responsible turn-around time? Sadly, no. This “latest policy update” is the publication of the 1999 update of the 1992 CML statement on mortgage redemption statements. No new news, therefore. But worth a read all the same. Click on Mortgage Redemptions.
Property PSL