BSA Mortgage Instructions

  • Leasehold: 85 is the new 70

    Historical short-lease article This article records mortgage-lender attitudes to minimum lease terms in 2015. It should not be relied upon as a statement of current lender requirements. For current practical discussion of the decision facing an owner with a shortening lease, read Short Lease: Extend Now or Wait for Reform? Historic mortgage-lender requirements can be…

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  • Teachers Want More

    Teachers Building Society have changed their BSA Mortgage instructions to require more post completion documents from their conveyancing panel.  The following documents are now required by the society: TID, the Original Mortgage Deed (with the Solicitors Certificate completed) If applicable Consent to Mortgage forms, NHBC documentation and Indemnity Policies.  With regard to Leasehold properties we…

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