Handbook change date: 30 September 2026. HSBC has changed its answer to question 6.4.4a of the UK Finance Mortgage Lenders’ Handbook, which asks whether conveyancers must report incentives. The financial incentive threshold depends on whether the transaction involves a part exchange of the purchaser’s existing property. The instruction also distinguishes between non-financial incentives that are… Read more: HSBC Incentives Reporting: 3% With Part Exchange, 5% Without

Precise has partnered with LMS Panel Link to enhance its residential mortgage business, streamlining document handling and post-offer queries for conveyancing firms. Key services include electronic distribution and lender-approved FAQs. Firms are advised to confirm their panel status and adjust internal procedures to ensure effective communication and compliance during transactions.

Kensington Mortgage Company’s new answer to question 5.14.11a of the UK Finance Mortgage Lenders’ Handbook addresses leases that lack a mortgagee protection clause. The instruction starts with the conveyancer’s professional judgement. Where the conveyancer considers that the lease requires a mortgagee protection clause and none is included, Kensington requires an appropriate solution before the transaction… Read more: Kensington Mortgagee Protection Clause: Deed of Variation, Side Agreement or Insurance?