Kensington Mortgage Lenders’ Handbook
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Personal Searches: Why a Lender’s “Yes” May Be Conditional
Originally published February 2024. Updated October 2026. Does a mortgage lender accept personal searches? A “yes” in its Part 2 instructions may be followed by conditions concerning the search provider, insurance, professional standards and the applicable general instructions. For conveyancers, the important question is whether the particular search and provider satisfy the complete instruction. Reading…
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Kensington Opens Doors to HMOs..But…
Kensington Mortgages have changed their attitude and CML Handbook instructions relating to houses in multiple occupation. Up until yesterday the lender specified via Part 2 Section 6.6.4 that it would not lend where the property came within the definition of a house in multiple occupation? The new answer to Section 6.6.4 reads: Yes, on the basis that…