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Most Popular P2 Changes to the CML Handbook for 2012

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num changessectionnamequestion
636.7.1What new home warranty schemes are acceptable to the lender?
585.20.1Does the lender require me to report to them where the lease does not meet the CML minimum requirements for leases of roof space for solar PV panels?
555.20.3Does the lender have additional requirements relating to leases of roof space for solar PV panels, and if so, what are they?
445.2.1If different from 1.11, the contact point if the seller is not the owner or registered proprietor and is not listed in the exceptions above:
1814.2.1Where should the title deeds and documents be sent?
155.8.5 Does the lender accept security which comprises one of two leasehold flats in a building where the borrower also owns the freehold reversion of the other flat and the other leaseholder owns the freehold reversion in the borrower's flat? If so, are there any specific requirements?
1416.1.1If different from 1.11, contact point for title documents:
13 10.7On a delayed completion, when and how is advance to be returned?
1314.1.5Does the lender need to be sent the original mortgage deed?
136.7.4Will the lender proceed if the property does not have the benefit of a new home warranty scheme?
126.4.4Does the lender require me to report incentives?
1014.2.2Which documents must I send after completion?
1017.2.1bDoes the lender send the discharge via a DS 1 form or direct with the Land Registry?
1016.3.2If different from 1.11, contact point for finding out the debt amount:
916.3.4 Does the lender need to be sent the transfer of equity?
916.3.7aIf different from 1.11, contact point for obtaining execution of transfer equity:
81.11aContact point for standard documents.
73.1.4 Does the lender require notification of the name and address of the solicitors firm or licensed conveyancers firm acting for the seller?
75.4.6 Does the lender accept search insurance and, if yes, what are the lender's specific requirements?
76.2.1If different from 1.11, contact if any discrepancies in property's description:


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