Tag: Building Society Panel
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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…
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Building Society Panel on Notice of Tighter Minimum Lease Terms
Historical note: This article records a change to Tipton and Coseley Building Society’s mortgage instructions at the time of the original publication. It should not be treated as a statement of the Society’s current lending criteria. Conveyancers should check the current lender instructions before acting. The trend for lenders to take a more cautious approach…