Tag: Accord Mortgages
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Will your Borrower Client's Lease Term Accord with CML Handbook Requirements?
Accord Buy to Let is the latest of a number of lenders who have changed their CML Handbook requirement relating to minimum unexpired lease terms (section 5.14.1). The new requirement reads : “85 years from the date of completion of the mortgage“. This replaces the old wording: “60 years from the date of the mortgage…
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Accord Mortgages Conveyancing Panel – Five requirements for Sole Practitioners to be aware of
Whist Sole Practitioners are currently welcome apply to be on the Accord Mortgages conveyancing panel there are a number of conditions (as of today’s date) that you should be specifically aware of as a sole practitioner: All solicitor applicants located in England and Wales – regardless of whether they are sole practitioners- who apply to…
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Accord Mortgages Solicitors Panel extended to BTL mortgages
Accord Buy to Let announced last week that it is widening its solicitor panel. The number now on their panel will be in the region of 2000 strong. Conveyancing Solicitors on the current Accord Mortgages residential panel will now be accepted for buy to let conveyancing if they possess the Conveyancing Quality Scheme (CQS) accreditation…