Leeds Building Society – Shared Ownership Mortgage Requirements

Leeds Building Society conveyancing panel should be aware that it is a standard offer requirement that Leeds Building Society receives a copy of the Housing Association consent to their mortgage BEFORE funds are released.

This lender policy requirement is missed by some firms (CQS or otherwise).

Firms need ensure that this is submitted before the eCOT is prepared as funds will not be released until the consent is received and this may result in a delay to completion. CQS accredited firms may wish to update their Dealing with Lender Policy template.

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