
Policy Change for Barclays plc Solicitor Panel
Change Date: 10/11/2023
Association: UK Finance
Jurisdiction: England and Wales
Index: v.2023 No.1140
Policy changes relevant to
Barclays plc
Solicitor Panel
Updated |
|
10/11/2023 |
6.6.1- If different from 1.11, contact point if property is let/to be let and to check you lend on buy-to-let: |
Where the loan is explicitly identified in the Mortgage Offer
as a Buy to Let purchase or Where the BTL transaction includes a sale and lease back arrangement you only need you contact us if either of the following criteri • The tenant must not be the previous owner of the property.a are not met: • Lease term is from 6 to 36 months • The property must not be used for a sales office (except where the garage alone is to be used for such purpose) Where the loan is explicitly identified in the Mortgage Offer as a Buy to Let purchase or Where the BTL transaction includes a sale and lease back arrangement you only need you contact us if either of the following criteria are not met: • Lease term is from 6 to 36 months • The property must not be used for a sales office (except where the garage alone is to be used for such • • The property cannot be used as the site’s official sales office – other than where the garage alone is to be used for such purpose. • The developer’s Licence Agreement that the property will be returned to original state must be evidenced. |
Where the loan is explicitly identified in the Mortgage Offer
as a Buy to Let purchase or remortgage, you do not need to
inform us that the transaction is for Buy to Let
purposes. Where the BTL transaction includes a sale and lease back arrangement you only need you contact us if either of the following criteria are not met: • Lease term is from 6 to 36 months • The property must not be used for a sales office (except where the garage alone is to be used for such purpose • The tenant must not be the previous owner of the property. • The property cannot be used as the site’s official sales office – other than where the garage alone is to be used for such purpose. • The developer’s Licence Agreement that the property will be returned to original state must be evidenced. |
14.1.5- Does the lender need to be sent the original mortgage deed and/or any other original title documents? |
No, but please retain a certified copy on your
|
No, but please retain a certified copy on your
file. You must include the MD reference (quoted on the Mortgage Deed) when submitting the application to register the security. |
14.2.1- Where should the title deeds and documents be sent? |
Residential Barclays Mortgage Services PO Box 8575 Leicester LE18 9AW Buy If account number has 6 digits use this address:- Barclays Buy PO Leeds LS11 1FR If account number has 10 digits use this address:- Barclays Mortgage Services Buy To Let PO Box 8575 Leicester LE18 |
Residential Mortgages: We do not require title
deeds to be sent to us. Buy to Let mortgages: Documents should be sent to the following address: Barclays Mortgage Services Buy To Let PO Box 8575 Leicester LE18 9AW |
14.2.2- Which documents must I send after completion? |
Residential Title Buy to Let Title Where applicable:- Guarantee Certificate |
Residential Mortgages: Title Information
Document Buy to Let Mortgages: Title Information Document and where applicable:-Guarantee Certificate of Registration at the Companies Registry. |