Tag: Lender notification
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No Summer Slowdown When it Comes to Lender Handbook Changes
The three month period between June and September 2018 witnessed significant activity when it came to lenders changing their Handbook instructions. Conveyancers may have taken a well earned break during the summer but lenders did not rest when it came to altering their requirements for panel firms. Here are some of the facts and figures:…
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Lenders Start to Change Ground Rules on Ground Rent
Leasehold as a tenure received quite a lot of bad press in 2016 with the BBC and broadsheets such as the Telegraph pointing to the risk of people buying homes with escalating ground rents. This culminated in the Government saying that it would reform leasehold property after a campaign by charities and MPs to challenge…