Change Date : 18/10/2016
Association: UK Finance
Jurisdiction: England and Wales
Index: v.2016 No.509
Policy changes relevant to
The Mortgage Works
Solicitor Panel
Updated |
|
18/10/2016 |
5.4.4- Does the lender want to receive environmental or contaminated land reports? |
No, nor do we require any ancillary reports (e.g. flooding,
contamination and energy and infrastructure reports) that
you have |
No, nor do we require any ancillary reports (e.g. flooding, contamination and energy and infrastructure reports) that you have requested for the borrower, even if adverse information is revealed, provided the borrower is aware and you have advised them that full disclosure must be made to the insurer prior to completion and they must obtain insurance under normal terms. |