Tag: CH2 application
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A Precise Approach to Builders' Deposits
Precise Mortgages have a made an important change to their Part 2 CML Handbook requirements relating to incentives. In an amendment to Paragraph 6.4.4 Precise clarify that an an unacceptable incentives includes “..builders’ deposits (with the exception of up to a maximum of 5% of the purchase price of residential purchases which are not for…