by Tony Lilleystone, Legal Manager
Get a quote for Conveyancing
| Lender | Lender position on Freehold Flats |
|---|---|
| Accord Mortgages Ltd | No, unless the property is in the Scarborough area and a conveyancer in that locality acts for Accord. |
| Adam & Company | No, however may be accepted with our prior written approval. Please refer individual cases. See 1.11 |
| Adam & Company International | No, but may be accepted with our prior written approval. Please refer individual cases. See 1.11 |
| Advantage (Morgan Stanley Bank International Limited) | No. |
| Aldermore Bank PLC | No |
| Allied Irish Bank (GB), a trading name of AIB Group (UK) | Refer to Legal & Central Securities, GB |
| Aviva Equity Release UK Ltd | No. |
| Bank of China | No. Only share of freehold considered. |
| Bank of Cyprus UK | No. |
| Bank of Ireland (UK) plc | No. |
| Bank of Ireland as Bank of Ireland Mortgages | No. |
| Bank of Scotland Beginning A | No |
| Bank of Scotland Beginning O | No |
| Barclays Bank as The Woolwich | Refer to Issuing Office |
| Barclays Bank Plc as Standard Life Mortgages | Under certain circumstances. Please contact Mortgage New Business |
| Barnsley Building Society (a trading name of Yorkshire Bank | No, except if the property is in the Scarborough area and a conveyancer in that locality acts for us. |
| Basinghall Finance plc | No |
| Beverley Building Society | REFER TO JAN SCROWSTON |
| Birmingham Midshires | No |
| Bradford & Bingley Plc | No |
| Britannia, a trading name of The Co-operative Bank plc | No |
| Capital Home Loans | No, nor freehold maisonettes. |
| Chelsea Building Society (a trading name of Yorkshire Building Society) | No, except if the property is in the Scarborough area and a conveyancer in that locality acts for us. |
| Cheshire Building Society | No |
| Church House Trust | No |
| Clydesdale Bank plc | No. |
| Co-operative Bank plc | No |
| Coutts & Co | No, but may be accepted with our prior written approval. Please refer individual cases. See 1.11 |
| Coutts Finance Co | No, but may be accepted with our prior written approval. Please refer individual cases. See 1.11 |
| Coventry Building Society | No, except if the property is in South Tyneside and there are mutually enforceable covenants for support and maintenance of the common parts and the deeds of mutual enforceability are placed with the title deeds. |
| Darlington Building Society | No. |
| DB UK Bank Ltd | No |
| Derbyshire Building Society | No |
| Derbyshire Home Loans | No |
| Dudley Building Society | Generally, no. Exceptions: 1. See 5.7.1 2. Coach house flats - where there is one flat in a block built above garages and/or an access way. |
| Dunfermline Building Society | No |
| Earl Shilton Building Society | No |
| Ecology Building Society | No |
| Furness Building Society | No |
| GE Money Home Lending Ltd | nN |
| Godiva Mortgages Ltd | No, except if the property is in South Tyneside and there are mutually enforceable covenants for support and maintenance of the common parts and the deeds of mutual enforceability are placed with the title deeds. |
| Halifax | No |
| Halifax Loans Ltd | No |
| Harpenden Building Society | Generally, no |
| Hinckley and Rugby Building Society | No. |
| Holmesdale Building Society | No. |
| HSBC Bank plc (Does not subscribe to the handbook) | Note that as from January 2012 HSBC Conveyancing Panel was greatly reduced and some of the questions in the CML Lender handbook have been adressed. |
| ING Direct | No. |
| Intelligent Finance | No |
| Irish Permanent International | No. |
| ITL Mortgages | No |
| JPMorgan Chase Bank, N.A. | No. |
| Kensington Mortgage Company Ltd | Please refer to Kensington |
| Leeds Building Society | No. |
| Lloyds TSB Bank plc (C&G branded mortgages with roll numbers pre-fixed 20/) | No. |
| Lloyds TSB Bank plc (C&G mortgages with account numbers beginning 50000) | No |
| Lloyds TSB Bank plc (non-C&G mortgages) | No |
| LLoyds TSB Bank plc (Roll numbers pre-fixed 40/) | No. |
| Lloyds TSB Scotland plc | No |
| Manchester Building Society | No. |
| Market Harborough Building Society | No |
| Metro Bank plc | No. |
| Monmouthshire Building Society | No. |
| Mortgage Express | No |
| Mortgage Express No 2 | |
| Mortgages plc, Mortgages 1 Ltd | No. |
| National Counties Building Society | No. |
| National Westminster Home Loans Ltd | Yes, provided the loan is less than 95% of the valuation. |
| Nationwide Building Society | Generally no Exceptions- i)see 5.7.1 ii)coach house flats - where there is one flat in a block built above garages and/or an access way there is no need to report details to us. If there is an element of flying freehold - the requirements in part 1 paragraphs 5.6.2 must be adhered to. Insurance - where the purchaser arranges insurance on more than one garage or garages owned/used by other parties, please ensure that the insurance company is aware of the arrangements. |
| New Life Mortgages Ltd | No. |
| Northern Rock (Asset Management) plc | Not normally acceptable. However, the following circumstances maybe acceptable:- • where there is a leasehold interest in the flat and the reference to freehold relates to a share of the freehold interest in the block; • where the other flat(s) in the block are all leasehold; or • where there are reciprocating lease/freehold arrangements (such as Tyneside Flat situation). Refer to New Mortgage Completions, other details as 1.11a. |
| Northern Rock plc | Not normally acceptable. However, the following circumstances maybe acceptable:- • where there is a leasehold interest in the flat and the reference to freehold relates to a share of the freehold interest in the block; • where the other flat(s) in the block are all leasehold; or • where there are reciprocating lease/freehold arrangements (such as Tyneside Flat situation). Refer to Mortgage Processing, other details as 1.11a. |
| Oakwood Homeloans Ltd | No. |
| Paragon Mortgages (2010) Ltd | No |
| Paragon Mortgages Ltd | No |
| Platform Home Loans Ltd | No, other than those defined in 5.5.3. |
| Precise Mortgages, a division of Charter Court Financial Services Ltd | No. |
| Principality Building Society | No |
| Prudential Banking plc | No |
| Rooftop Mortgages Ltd | No. |
| Saffron Building Society | No. |
| Santander UK plc | No, but we will lend if the flat comes within 5.7.1 to 5.7.4 of the Handbook. |
| Santander UK plc (for Alliance & Leicester mortgages only) | No. |
| Scottish Building Society | No |
| Scottish Widows Bank plc | No. |
| Skipton Building Society | No. Freehold flats in Scarborough may be considered under certain circumstances. |
| St James Place Bank | No. |
| Stroud & Swindon Building Society | No |
| Swansea Building Society | No |
| The Mortgage Business | No |
| The Mortgage Works | No |
| The Royal Bank of Scotland plc | Yes, provided the loan is less than 95% of the valuation. |
| The Royal Bank of Scotland plc Direct Line Mortgages | Yes,provided the loan is no more than 95% of the valuation and a suitable maintenance agreement is in place. |
| The Royal Bank of Scotland plc Direct Line One | Yes, provided the loan is no more than 95% of the valuation and a suitable maintenance agreement is in place. |
| The Royal Bank of Scotland plc First Active | Yes, provided the loan is no more than 95% of the valuation and a suitable maintenance agreement is in place. |
| The Royal Bank of Scotland plc Natwest one Account | Yes, provided the loan is no more than 95% of the valuation and a suitable maintenance agreement is in place. |
| The Royal Bank of Scotland plc One Account | Yes, provided the loan is no more than 95% of the valuation and a suitable maintenance agreement is in place. |
| The Royal Bank of Scotland plc Virgin One | Yes, provided the loan is no more than 95% of the valuation and a suitable maintenance agreement is in place. |
| The Tipton & Coseley Building Society | No. |
| Topaz Finance plc | Generally no. You may refer, however, if the Security is adequate and you are able to satisfy 5.5.2 and provide indemnity insurance. |
| UCB Home Loans Corporation Ltd | No |
| Ulster Bank Ltd | Yes, provided the loan is less than 95% of the valuation. |
| Wave | No, other than those defined in Part 1, 5.7.1. |
| Yorkshire Bank Home Loans Ltd | No. |
| Yorkshire Building Society | No, except if the property is in the Scarborough area and a conveyancer in that locality acts for us. |
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