CML Handbook Archive: Historical Lender Instructions
Looking for the CML Lenders’ Handbook instructions that applied to an earlier purchase or remortgage? The Handbook is now published under the UK Finance name, but today’s wording may differ from the requirements relevant to your transaction.
The Lexsure Lender Archive provides access to historical lender-specific requirements. Search by lender, transaction date and issue to help investigate an earlier file, complaint or professional negligence allegation.
Need the CML instructions that applied then?
A current Handbook search may not answer a question about an earlier transaction. Establish what the lender’s recorded requirements said at the relevant time.
Search the Lexsure Lender Archive by lender, transaction date and issue. Consider the historical wording alongside the mortgage offer, specific instructions and conveyancing file.
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Nat West change P2s relating to Shared Ownership
National Westminster Home Loans have just changed their version of Part 2 of the CML handbook relating to Shared Ownership. Section 5.18.1 now reads “We do not lend on shared ownership properties. For shared equity and affordable housing you need to notify us (as detailed above in 1.11a) giving details of the proposal.” What do…
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A few conveyancing questions for you :
* Arm’s length Transactions. When is it permissible to act for both parties? Do you understand the rules? * Are you familiar with the types of instruction that may be acceptable from a lender, in compliance with R.3? * Guidance on Conflicts and Confidentiality * Identification issues: what is acceptable to the Lender? How are…