In anticipation of their upcoming nuptials, Arti and Collette decide to purchase a property together. Collette is a first time buyer whilst Arti owns a flat in the city centre of Edinburgh. Arti decides to sell the flat in order to fund his purchase with Collette.
The Council for Mortgage Lenders (CML) issue a Handbook which provides instructions for conveyancers acting on behalf of lenders in residential conveyancing transactions. A Handbook is provided for each legal jurisdiction in the UK. The Handbook changes from time to time and conveyancers require to keep themselves up to date with any amendments made to the Handbook.