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Question: 5.2.1. If different from 1.11, the contact point if the seller is not the owner or registered proprietor and is not listed in the exceptions above:
| Lender | Answer |
|---|---|
| Accord Buy to Let | As 1.11a. |
| Accord Mortgages Ltd | As 1.11a |
| Adam & Company | |
| Adam & Company International | |
| Ahli United Bank (UK) plc | New Business/Underwriting - Residential Mortgage Department |
| Aldermore Bank PLC | As 1.11. |
| Allied Irish Bank (GB), a trading name of AIB Group (UK) | Refer to AIB Group (UK) plc, Central Securities (GB), 92 Anne Street, Belfast, BT1 3H |
| April Mortgages | As per 1.11 |
| Atom Bank plc |
Mortgage applications involving assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable to us. We will not usually lend where there is a sub-sale or back to back transaction or one where the contract for sale is to be assigned to a third party. All circumstances where the seller is not the owner or registered proprietor other than those listed in Part 1 under 5.2.1 should be referred to our Mortgage Team (see 1.11a for contact details) with full details. |
| Aviva Equity Release UK Ltd | See 1.11 |
| Bank of China | mortgages@bank-of-china.com |
| Bank of Ireland (UK) plc | See 1.11 |
| Bank of Ireland as Bank of Ireland Mortgages | See 1.11 |
| Bank of Scotland Beginning A |
Applications which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect (see 1.11a for contact details). |
| Bank of Scotland Beginning O | Applications which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect (see 1.11a for contact details) . |
| Bank of Scotland Private Banking | |
| Barclays Bank UK PLC |
We require you to report immediately if the person selling is doing so pursuant to a reassignment of sale contract/lease (sub-sale). Reassignment of sale contract/ leases on new-build developments are not acceptable for Buy to let transactions. If the transaction is for residential lending then, in order for us to consider this further, we require the Disclosure of Incentives Form (DIF), dated as of the original (first) sale and confirmation that the following criteria are met: • The loan-to-value (LTV) is ≤ 70% of the market value or purchase price (whichever is lower) stated on our mortgage offer • The total mortgage lending is less than the contracted sale price paid by the third-party • All deposit funds are evidenced as being from the applicant’s own resources, a gift from a relative or a combination of the two • There is no family or other relationship between any applicant and the vendor or third-party. If the above requirements are not all met, then the Bank cannot proceed on this basis. |
| Barnsley Building Soc, a trading name Yorkshire Building Soc | As 1.11a |
| Better HomeOwnership (Mortgages) | See 1.11 |
| Birmingham Bank | mortgages@birminghambank.com |
| Birmingham Midshires | Applications which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect (see 1.11a for contact details). |
| Bluestone Mortgages | As per 1.11. |
| Bradford & Bingley Limited | As 1.11a |
| Britannia, a trading name of The Co-operative Bank plc | |
| Buckinghamshire Building Society |
Buckinghamshire Building Society, High Street, Chalfont St Giles, Bucks, HP8 4QB e-mail mortgages@bucksbs.co.uk Tel: 01494 879517 Fax: 01494 877259 |
| Chelsea Building Society (a trading name of Yorkshire BS) | As 1.11a. |
| CHL Mortgages | As per 1.11 |
| Clydesdale Bank plc |
The team at Clydesdale Bank Sunderland SR43 4JE Tel – 0800 121 4203 |
| Co-operative Bank plc | See 1.11a earlier. |
| Coutts | |
| Coutts Finance Co | |
| Coventry Building Society | |
| Cynergy Bank | As per 1.11.a |
| Danske Bank | We will not normally lend where there is a sub-sale or back to back transaction and we will not lend where the contract for sale is to be assigned to a third party. All circumstances where the seller is not the owner or registered proprietor other than those listed in Part 1 under 5.2.1 should be referred to the Mortgage Completion Team. |
| Darlington Building Society | Customer Support Department, Principal Office |
| DB UK Bank Ltd |
db mortgages PO Box 890 Newport NP20 9LZ |
| Dudley Building Society | As 1.11a. Please also confirm who the seller is. |
| Ecology Building Society |
Not acceptable As 1.7 |
| Family Building Soc (a trading name of National Counties BS) |
Loans Underwriting Department, Ebbisham House, 30 Church Street, Epsom, Surrey KT17 4NL Email: loansunderwriting@familybsoc.co.uk |
| First Direct | Transactions which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect. We will NOT lend in transactions where there is a sub-sale, back to back transaction or in one where the contract for sale is to be assigned to a third party. All other circumstances where the seller is not the owner or registered proprietor, other than those listed in Part 1 under 5.2.1, should be referred to us with full details, (see 1.11a for contact details) |
| Fleet Mortgages | See 1.11a |
| Foundation Home Loans |
See 1.11.a Transactions which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect. We will NOT lend in transactions where there is a sub-sale, back to back transaction or in one where the contract for sale is to be assigned to a third party. All other circumstances where the seller is not the owner or registered proprietor, other than those listed in Part 1 under paragraph 5.2.1, should be referred to us providing full details. |
| Furness Building Society | As 1.11a |
| GE Money Home Lending Ltd | GE Money Home Lending has withdrawn from the UK mortgage market. |
| Gen H | Please raise a query through Secure Link which is accessed via LMS Conveyancer Zone |
| Godiva Mortgages Ltd | |
| Habito | All circumstances where the seller is not the owner or registered proprietor should be raised to our attention using the contact details as per 1.11 |
| Halifax | Applications which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect (see 1.11a for contact details). |
| Halifax Loans Ltd |
Applications which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect (see 1.11a for contact details). |
| Hampden & Co. plc | See 1.11 |
| Handelsbanken | Refer to Branch office instructing you. |
| Harpenden Building Society | As 1.11a |
| Hinckley and Rugby Building Society | Principal Office, Completions Team |
| Hodge | As per 1.11a |
| Hodge Equity Release | As per 1.11a |
| Holmesdale Building Society | Lender |
| HSBC UK Bank plc |
Transactions which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect. We will NOT lend in transactions where there is a sub-sale, back to back transaction or in one where the contract for sale is to be assigned to a third party. All other circumstances where the seller is not the owner or registered proprietor, other than those listed in Part 1 under 5.2.1, should be referred to us (see 1.11a for contact details) with full details |
| Intelligent Finance |
Applications which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect (see 1.11a for contact details). |
| Investec Bank plc | See 1.11 |
| ITL Mortgages | |
| JPMorgan Chase Bank, N.A. | |
| Kensington Mortgage Company Ltd | Kensington Mortgages, New Business Operations Centre, Ascot House, Maidenhead Office Park, Maidenhead, SL6 3QQ. Tel: 03444 990011 Fax: 03444 990022. |
| Kent Reliance (a trading name of OneSavings Bank plc) |
Issuing office We will not lend where there is a sub-sale or back to back transaction or one where the contract for sale is to be assigned to a third party. You must satisfy yourselves that the seller of the Property and any party associated with the Borrower or the seller has complied with all applicable provisions of the Economic Crime (Transparency and Enforcement) Act 2022 (as in force and amended from time to time). |
| Keystone Property Finance | As 1.11a |
| Landbay Partners Limited |
See. 1.11a Legals@landbay.co.uk. |
| Landmark Mortgages Limited |
New Mortgage Completions Landmark Mortgages PO Box 656 Durham DH1 9LY Tel - 0330 159 7152 |
| Leeds Building Society | As per 1.11a. |
| Legal & General Home Finance Ltd | Same as 1.11a |
| LendInvest | See 1.11a |
| LiveMore Capital | As 1.11a |
| Lloyds Bank plc pre fixed 20/40 |
Applications which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect (see 1.11a for contact details). |
| Lloyds Bank plc pre fixed 50/30/77 |
Applications which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect (see 1.11a for contact details). |
| Lloyds TSB Scotland plc |
Applications which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect (see 1.11a for contact details). |
| M&S Bank |
M&S Bank, PO Box 12, Skipton, BD23 2HL. Telephone Number 0345 002 1128 Fax 0345 111 0322 transactions which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. you should also report any other structure to the transaction which has a similar effect. We will NOT lend in transactions where there is a sub-sale, back to back transaction or in one where the contract for sale is to be assigned to a third party. All other circumstances where the seller is not the owner or registered proprietor, other than those listed in Part 1 under 5.2.1, should be referred to us |
| Magellan Homeloans | Issuing Office |
| Market Harborough Building Society | |
| Masthaven Bank | As per 1.11. |
| Metro Bank plc | As per 1.11. |
| ModaMortgages |
We will not lend where this is a sub-sale or back-to-back transactions or one where the contract for sale is to be assigned to a third party (see also 5.1.1). You must satisfy yourselves that the seller of the Property and any part associated with the Borrower or the Seller has complied with all applicable provisions of the Economic Crime (Transparency and Enforcement) Act 2022 (as in for and amended from time to time). |
| Molo Finance | As 1.11a. |
| Monmouthshire Building Society | |
| Mortgage Agency Services | |
| Mortgage Express | |
| MPowered Mortgages | As 1.11a |
| National Counties Building Society |
Loans Underwriting Department, Ebbisham House, 30 Church Street, Epsom, Surrey KT17 4NL Email: loansunderwriting@ncbs.co.uk |
| National Westminster Bank plc | As 1.11a |
| Nationwide Building Society |
We will not normally lend where there is a sub-sale or back to back transaction and we will not lend where the contract for sale is to be assigned to a third party. All circumstances where the seller is not the owner or registered proprietor other than those listed in Part 1 under 5.2.1 should be referred to the issuing office with full details. SHARED OWNERSHIP: For newly built Shared Ownerships, where the transfer to the Housing Association has not yet been completed, we can consider proceeding on an exception basis and require you to: • Investigate the title yourself and be satisfied that the transfer to the seller is in order and the Land Registry should be able to register the title. • Check contractual provisions are included to ensure that the seller does all acts and things necessary to procure the registration of the title at their sole cost as soon as possible and to give notification as soon as the registration is completed. The seller should also be required to expedite the application. • Provide us with proof that the Land Registry has accepted the request to expedite the application, this must clearly identify the subject property. Any requisitions or Notice of Cancellations must be referred to us for consideration, prior to exchange of contracts. • Ensure a priority search to be obtained to protect our charge which should be subject only to the transfer to the seller. • Fully explain and gain the borrower’s understanding of the risks associated with the delay in registering their ownership, and that will affect their ability to borrow more against the property, and affect their ability sell. |
| Nedbank Private Wealth Ltd | You must report any such matter to us. |
| New Street Mortgages |
New Street Mortgages, PO Box 4761, Maidenhead, SL60 1HW. Tel: 0333-300-3100, Fax: 0333-300-3132, email: enquiries@newstreetmortgages.com |
| NRAM Ltd | See 1.11a |
| Paragon Buy to Let Mortgages | |
| Paragon Residential Owner-Occupied Mortgages | |
| Paratus AMC Ltd |
New Business Department, Foundation Home Loans, 5 Arlington Square, Downshire Way, Bracknell, RG12 1WA Email: FHL@foundationhomeloans.co.uk Tel: 01344 770 8033 Transactions which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect. We will NOT lend in transactions where there is a sub-sale, back to back transaction or in one where the contract for sale is to be assigned to a third party. All other circumstances where the seller is not the owner or registered proprietor, other than those listed in Part 1 under paragraph 5.2.1, should be referred to us providing full details. |
| Parity Trust | As 1.7 |
| Pepper Money | As is for 1.11 |
| Pepper Money (PUK) | As is for 1.11 |
| Perenna | Please contact our Mortgage team by either telephone: 0330 341 2013 or Email: conveyancing@perenna.co.uk |
| Platform (a trading name of The Co-operative Bank p.l.c.) | |
| Precise Mortgages (Charter Court Financial Services Ltd) |
We will not lend where there is a sub-sale or back to back transaction or one where the contract for sale is to be assigned to a third (see also 5.1.1). You must satisfy yourselves that the seller of the Property and any party associated with the Borrower or the seller has complied with all applicable provisions of the Economic Crime (Transparency and Enforcement) Act 2022 (as in force and amended from time to time). |
| Principality Building Society |
As in 1.7: Mortgage New Business PO Box 89 Queen Street CARDIFF CF10 1UA 0330 333 4021 |
| Reliance Bank Ltd |
mortgages@reliancebankltd.com or 0207 398 5422 - Option 1 Discuss New Lending/Option 2 Discuss existing Reliance Bank Mortgage |
| Rooftop Mortgages Ltd | |
| Saffron Building Society |
The applicant(s) must have been the registered owner(s) of the property for a minimum of six months; we may waive this if the property has been inherited and there is evidence of legal transfer of ownership to the applicant post probate or there is another reasonable explanation (e.g. purchase/gift of building plot, Developer Part Exchange etc.). Please refer all cases to us at: Mortgage Processing Team Saffron Building Society, Saffron House, 1A. Market Street, Saffron Walden, Essex. CB10 1HX Mortgage.processing@saffronbs.co.uk Telephone 01799 582966 Fax 01799 581901 |
| Sainsbury's Bank | Contact point as detailed in 1.11a. |
| Santander UK plc | Refer to Mortgage Operations office instructing you. |
| Scottish Building Society | |
| Scottish Widows Bank | New Business Processing (see 1.11a). |
| Secure Trust Bank PLC | As 1.11 |
| Skipton Building Society |
(i) Completions Team via LMS Secure Link (ii) Commercial Servicing Team |
| State Bank of India UK |
As 1.11a. Only report if the Seller is not one of the exceptions listed. Applications which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect. |
| Swansea Building Society |
11/12 Cradock Street Swansea SA1 3EW 01792 739100 |
| The Mortgage Business |
Applications which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect (see 1.11a for contact details) |
| The Mortgage Lender Limited |
completions@themortgagelender.com Tel: 0344 257 0426 |
| The Mortgage Works | We will not normally lend where there is a sub-sale or back to back transaction or one where the contract for sale is to be assigned to a third party. All circumstances where the seller is not the owner or registered proprietor other than those listed in Part 1 under 5.2.1 should be referred to the issuing office with full details. |
| The Royal Bank of Scotland plc | As detailed above in 1.11a. |
| The Royal Bank of Scotland plc Direct Line Mortgages | As detailed above in 1.11a. |
| The Royal Bank of Scotland plc Direct Line One | As detailed above in 1.11a. |
| The Royal Bank of Scotland plc First Active | |
| The Royal Bank of Scotland plc Natwest one Account | As detailed above in 1.11a. |
| The Royal Bank of Scotland plc One Account | As detailed above in 1.11a. |
| The Royal Bank of Scotland plc Virgin One | As detailed above in 1.11a. |
| The Tipton & Coseley Building Society | Mortgage Department. |
| Together Personal Finance Limited | Contact point as detailed in 1.11a above. |
| Topaz Finance Ltd | |
| TSB Bank plc | Applications which involve assignable contracts or irrevocable powers of attorney in favour of intervening sellers are not acceptable. You should also report any other structure to the transaction which has a similar effect (see 1.11a for contact details). |
| Ulster Bank | As detailed above in 1.11a. |
| Vida Homeloans | As 1.11a |
| Virgin Money |
Mortgage Processing Operations Virgin Money Gosforth Newcastle upon Tyne NE3 4PL Solicitor Helpline: 0845 604 4858 Solicitor Email: postoffer@virginmoney.com |
| Whistletree (a trading name of TSB Bank plc) | Details as 1.11a |
| Yorkshire Bank Home Loans Ltd |
The team at Yorkshire Bank Sunderland SR43 4JF Tel – 0800 121 4203 |
| Yorkshire Building Society | As1.11a |
| Zephyr Homeloans | As per 1.11 |