Change Date : 01/12/2010
Association: UK Finance
Jurisdiction: England and Wales
Index: v.2010 No.4151


Policy changes relevant to
Coutts Finance Solicitor Panel

Updated 23/02/2010 01/12/2010
4.1- Is there a valuation report and if so, does the lender provide it? Yes. Yes. Yes and we provide it
5.3.5- Does the lender accept personal searches and, if yes, what are the lender's requirements? [ Original question: 5.2.5.1 removed ] Yes, provided they are undertaken by a reputable search agent who has adequate professional indemnity insurance and you can still give a clear Certificate of Title.
5.4.1a- Does the lender limit its requirements in terms of time for planning consents? If so, please specify: [ Original question: 5.3.1 removed ] Yes, refer to us for details. See 1.7
5.4.1b- Does the lender limit its requirements in terms of time for building regulation consents? If so, please specify: [ Original question: 5.3.1 removed ] Yes, refer to us for details. See 1.7
5.9.1- If different from 1.11, contact point if there is a restriction on use. See 1.7 but see also our 'Separate Instructions'. See 1.7
5.14.2c- Does the lender need to be sent the signed blank stock transfer form? Yes, after completion. It must be undated. Yes, after completion.
10.2a- Will the mortgage advance be paid electronically or by cheque? Yes. Electronically
17.2.1b- Does the lender send the discharge via a DS 1 form or direct with the Land Registry? [ Original question: 17.2.2 removed ] DS 1 form

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