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Anon 1.57
I was thinking of a potential case where the buyer has declared that the house is not a second house for SDLT purposes, hence lower SDLT, but actually has a buy to let mortgage, thus advantageous mortgage terms otherwise not available.
The lenders loss will be the difference in the financial terms possible and those actually received.
The obvious target? The PII policy!
After all, solicitors are there to underwrite the banks bad lending.
I cannot recite any cases but, as I recall, if SDLT is not paid, there is a problem with the title.....not sure on that though and would have to check!
And all this agg for pitiful fees!

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