Architect's Certificate
Will we accept an Architect's Certificate as opposed to a Warranty on a property?
Assignable Contracts
Will we consider an application where the applicant is purchasing via an Assignable Contract?
Building Use Classes
Will we accept an Application without any restrictions on building class / use?
Coal Mining Authority Reports
Will we consider issuing a mortgage offer without the need to see a Coal Mining Authority Report?
Distressed Sales
Will we consider an application where there is any element of a distressed sale?
Full Vacant Possession required on Completion
Will we consider an application without the requirement for Full Vacant Possession at completion?
Leasehold Flat / Apartment where applicant/s own part or all of the Freehold
Is a Leasehold Flat / Apartment where applicant/s own part or all of the Freehold considered an acceptable security to us?
Leasehold Remaining Term / Beginning of term
How many years are required on the lease at the beginning of the term in order to consider an application?
Leasehold Remaining Term / End of mortgage
How many years are required on the lease at the end of the mortgage term in order to consider an application?
Local Authority Search Indemnity Insurance
Will the lender accept Search Indemnity Insurance in place of Local Authority Searches?
Non Borrowing Occupiers
Will we consider an application where there will be occupiers over the age of 17 who are not party to the mortgage?
Non Simultaneous Sale & Completion
Is a Non-Simultaneous or Staggered Sale and Completion acceptable to us?
Properties subject to the Green Deal Government Scheme
Are properties subject to the Green Deal Government Scheme acceptable security to us?
Properties with a Sinking Fund
Are Properties with a Sinking Fund considered acceptable security to us?
Property owned for less than 6 months by Vendor
Will we consider an application for a property where it has been owned for less than 6 months by the current vendor?
Restrictive Covenants
Will we consider an application on a Property where there is a Restrictive Covenant?
Solicitors
Is the applicant free to use any solicitor of their choosing and without the firm meeting specific requirements? E.g. Is there a requirement for a minimum number of Partners in a Practice or for the applicant to use a specific Panel of Solicitors?
Splitting of Title Deed
Will we allow the Splitting of a Title Deed to be done on Completion?
Sub-Sales and Reassignment of Sale Contracts
Will we consider an Application where there is a Sub-Sale and/or a Reassignment of the Sale Contract?
Tenure
What Tenures are acceptable to us? What is the specific policy detail on these?
Title Insurance
Will we, the lender accept Title Insurance, if so what are the parameters (remortgage only, LTV, standard only properties etc?)
Two Applicants on Mortgage but One Named on Deeds
Will we consider an application from joint borrowers where only one will be the legal proprietor / owner?
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