Historical article
This article records a change to lender requirements at the time it was published. It should not be relied upon as a statement of Earl Shilton Building Society’s current lending or conveyancing requirements.
For a historical transaction, see why the relevant lender and completion date matter when checking past flying-freehold mortgage requirements.
If a flying freehold is now affecting a sale or remortgage, read our practical guide to investigating the problem.
Earl Shilton Building Society have sought to clarify their instructions to their conveyancing panel in relation to their appetite to lend on Flying Freeholds.
In a change to their BSA Mortgage Instructions the Society now requires their lawyers to provide details of cross covenants and legal rights and obligations for consideration.
Full details can be found via LENDERmonitor.
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