Finance and Acting for Lenders — SQE1 FLK2 Property Law and Practice

Your client asks you not to mention to the bank that his deposit is really a loan, and you act for the bank as well.
Practise this topic with exam-style questions: sqe1prep.co.uk/sqe1/property-law?utm_source=po…
In this episode:
• You act for both because the interests align, not despite a conflict
• Report anything material to the lender's decision to lend
• Registered charges rank by the register, not by creation
• A retention has to be bridged by the borrower
• Advising which mortgage to take is a regulated activity
Narrated by an AI voice from a script written and checked by the editors at sqe1prep.co.uk. Educational content only — not legal advice. SQE1 Prep is not affiliated with or endorsed by the SRA or Kaplan.