Monday, 29 May 2017

Amendments To CML Lenders’ Handbook - 19 June 2017

The following amendments will be made to the Lenders Handbook for England and Wales, Scotland and Northern Ireland on 19 June 2017:

England and Wales

  • A minor amendment to reflect that the FASI and MASI professional qualifications are no longer offered.

Scotland

  • Updating the Handbook to reflect the closure of the Register of Sasines to new standard securities
  • Removing reference to obsolete Law Society guidance in relation to coal mining
  • Aligning the Handbook instruction with England and Wales in respect of warranties for new build properties
  • Updating the handbook to reflect the use of digital discharges
  • A minor amendment to reflect that the FASI and MASI professional qualifications are no longer offered.

Northern Ireland

  • A minor amendment to reflect that the FASI and MASI professional qualifications are no longer offered.
  • Aligning the Handbook instruction with England and Wales in respect of warranties for new build properties

The CML will for an updated summary of amendments will be published alongside the changes, as usual.



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