379. Conditions attached to offer.

The solicitor should ensure that the client understands the conditions attached to the mortgage offer and the terms of the mortgage and will be able to comply with them1. Conditions may be general (for example, a condition that the property must not be let without the lender's consent) or special, having application to this offer only (for example, a condition that the buyer obtains an endowment policy as security for the mortgage). The solicitor should check the offer to see whether this is the case and whether or not the lender requires a formal acceptance of the offer. It