Wednesday, 21 January 2015

Birmingham Midshires Conveyancing - Panel Requirements Removed

Just in case your were wondering about whether BM have changed their solicitor panel requirements, the title here is referring to solar panel requirements.

In a somewhat surprising move lenders such as Birmingham Midshires, Bank of Scotland and Halifax removed their previous answers to the question 5.14.1 ('Does 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?')

So what do you do if you are buying a property where there is a lease of the roof space for solar PV panels where the lender does not answer this section of the CML handbook. My suggestion is that you make the disclosure in any event.

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