Property related pre-completion and completion steps in real estate finance transactions—checklist

Copyright © 2025 LexisNexis
Published by a LexisNexis Property expert
Checklists

Property related pre-completion and completion steps in real estate finance transactions—checklist

Copyright © 2025 LexisNexis

Published by a LexisNexis Property expert

Checklists
imgtext

Pre-completion

Checklist for funder's solicitorChecklist for borrower's solicitor
Title information
  1. •

    If the borrower’s solicitor is providing a certificate of title or report on title, ensure the borrower's solicitor has provided a signed engrossment of the certificate of title (or report on title) with all the plans and annexures held to the borrower's solicitors order until the day of completion

  2. •

    Ensure the borrower's solicitor has put on risk any defective title/chancel repair insurance that is required and confirms payment of the premium prior to completion. Any report on title or certificate of title should also include details of the title insurance policy

  3. •

    ensure the valuer has confirmed that the valuation is unaffected by the contents of the certificate/report

  4. •

    Provide a signed and dated report to the funder summarising the title information

  5. •

    Provide the funder with any construction, planning and/or environmental reports which have been prepared as part of the transaction

  6. •

    Ensure all HM Land Registry forms have been approved and, if the application will be sent off by the funder’s

Powered by Lexis+®
Jurisdiction(s):
United Kingdom
Related legal acts:

Popular documents

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a