Skipton Mortgage Lender Handbook Archive
Explore historical Skipton Building Society Mortgage Lenders’ Handbook changes covering building safety, leasehold issues, searches and occupier requirements.
Lexsure Lender Archive · Skipton Building Society
Check what Skipton required at the time
See Skipton Building Society’s historical UK Finance Part 2 instructions and how they’ve changed, so you can check the requirements that applied on your transaction date.
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What is a 'Reasonable' Leasehold Event Fee?
Skipton Building Society is the latest lender to change their Handbook requirements introducing a reasonableness test when it comes to leasehold event fees. The new instruction at section 5.14.9 reads ‘….event fees must remain at a reasonable level at all times during the lease term’ This begs a couple of questions: “What is an ‘event…
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Skipton Update Adult Occupier Requirements
Amongst the recent Lender Handbook updates Part 2 requirements Skipton Building Society made a change to Section 7.3. That section deals with the question: Does the lender require a consent to mortgage from all occupants aged 17 or over? The old wording used to be: Yes, using our standard Form of Consent, where there…