Three weeks into to the new year eleven lenders have updated their instructions via Part 2 of the UK Finance Mortgage Lenders' Handbook for conveyancers. Twenty six sections have been changed.
Examples of top lenders who have made updated their Part 2’s in 2018 include:
- Halifax
- Bank of Scotland
- Lloyds Bank
- Santander
- The Mortgage Business
- Atom Bank
Staying abreast of policy changes is particularly important at a time when lenders are making a significant number of changes and solicitors and conveyancers are at greater risk of being sued for non-compliance with lender requirements.
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