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List of lenders who will lend on a Freehold Flat

The following table sets out which Lenders will lend on a Freehold Flat (Source CML Handbook: 16/08/2011)

Please Note: Need more information about your bank or building society’s Roll NumberClick here.

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 No
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 addressed.
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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