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 04/07/2023 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 re-mortgage, 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 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
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.
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 file. 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 Mortgages -
Barclays Mortgage Services
PO Box 8575
Leicester
LE18 9AW

Buy
to Let
If account number has 6 digits use this address:-
Barclays
Mortgage Services
Buy
To Let
PO
Box 274
Leeds
LS11 1FR

If account number has 10 digits use this address:-
Barclays Mortgage Services
Buy To Let
PO Box 8575
Leicester
LE18
9AW
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 Mortgages
Title
Information Document

Buy to Let Mortgages
Title
Information Document
Where applicable:-
Guarantee
Certificate
of Registration at the Companies Registry
Residential Mortgages: Title Information Document

Buy to Let Mortgages: Title Information Document and where applicable:-Guarantee Certificate of Registration at the Companies Registry.