Change Date : 24/11/2015
Association: BSA
Jurisdiction: England and Wales
Index: v.2015 No.814


Policy changes relevant to
Penrith Building Society Solicitor Panel

C.12 What new home warranty schemes are accepted by the society?

NHBC, Zurich, Building Life Plans, Premier Guarantee, LABC, New Home Warranty Scheme, HAPM and professional consultant certificates are acceptable, any others to be referred to the Society.

NHBC, Zurich, Building Life Plans, Premier Guarantee, LABC, New Home Warranty Scheme, HAPM, CML Warranty, Build-Zone 10 year warranty and professional consultant certificates are acceptable, any others to be referred to the Society.

D.34 What are the requirements on the unexpired term of a lease offered as security?

Mortgage term plus 70 years

Mortgage term plus 85 years