Under the Etridge Guidelines, which action involves obtaining official copies from the Land Registry?

Under the Etridge Guidelines, which action involves obtaining official copies from the Land Registry?

• A. Seek official copies from HMLR
• B. Write to buyers' solicitor
• C. Seek daily interest rate figures
• D. Obtain mortgage redemption figure

Answer: (A)

Obtaining official copies from HM Land Registry is a concrete step to verify the property’s title and details before a mortgage is advanced under the Etridge Guidelines. The official copies of the register and title plan show exactly who is registered as the owner, the title number, and any charges, restrictions, or notices affecting the property. This ensures the lender has an accurate, up-to-date record of the property's ownership and encumbrances, so the mortgage is tied to the correct asset and the borrower’s authority is clear. It also supports the independent legal advice process by reducing the risk of misrepresentation or mistaken liability. The other actions don’t involve acquiring Land Registry copies.

Obtaining official copies from HM Land Registry is a concrete step to verify the property’s title and details before a mortgage is advanced under the Etridge Guidelines. The official copies of the register and title plan show exactly who is registered as the owner, the title number, and any charges, restrictions, or notices affecting the property. This ensures the lender has an accurate, up-to-date record of the property's ownership and encumbrances, so the mortgage is tied to the correct asset and the borrower’s authority is clear. It also supports the independent legal advice process by reducing the risk of misrepresentation or mistaken liability. The other actions don’t involve acquiring Land Registry copies.