Freehold Flat Archives - About CQS Conveyancing

CML Handbook P2 Changes 2013 – Review At-a-Glance

Jan 29, 2014

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by

in CQS Conveyancing, CQS Policy Templates

Lenders made 68% more changes to their requirements in 2013 compared to 2012 According to Lexsure’s review, 91% of CML lenders amended their Part II policies last year, with over 1,793 sections changed. This represents a 68% rise in policy change activity compared to 2012. Some of the more frequent changes focused on the following:…

Lenders Shying Away From Freehold Flats

Jan 16, 2014

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by

Simon Seaton

in CQS Conveyancing, CQS Policy Templates

The current trend in lenders being more picky with premises they will lend on, avoiding anything remotely controversial, continued yesterday as Yorkshire Building Society (YBS) changed their view on freehold flats. Up until their recent Part 2 CML Handbook change, YBS would lend on a freehold flat if the property was in the Scarborough area…

HSBC panel solicitors to reconsider position on freehold flats.

Jun 10, 2013

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by

Simon Seaton

in CQS Conveyancing, CQS Policy Templates

HSBC last week made another change to their CML Handbook Part 2 requirements. This time the amendment was made to the wording of paragraph 5.7.b which relates to whether HSBC will lend on freehold flats. In truth,freehold flats are as rare as a QPR win in the premiership. Most flats in England and Wales are…

Tag: Freehold Flat

CML Handbook P2 Changes 2013 – Review At-a-Glance

Lenders Shying Away From Freehold Flats

HSBC panel solicitors to reconsider position on freehold flats.