Change Date : 30/11/2015
Association: UK Finance
Jurisdiction: England and Wales
Index: v.2015 No.867


Policy changes relevant to
The Mortgage Business Solicitor Panel

6.14.1- Does the lender have any further requirements in relation to buildings insurance? You should remind the borrower that, where the insurer allows;

·the property should be insured in the joint names of ourselves and the borrower; or

·our interest noted on the policy

You will not be provided with a buildings insurance cover figure for the property and you are not therefore required to check this.
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