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A reminder that the Council of Mortgage Lenders altered its standard industry
conveyancing instructions in September, so you must obtain a ‘disclosure of
incentives form’ from the developer’s conveyancer. The obvious purpose of
this is to ensure that any discounts or other incentives (eg cash-back offers,
costs contributions, etc) are disclosed and can therefore be taken into account
on valuation.
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October 2008 |
