Buy to Let - Clydesdale Bank Conveyancing Requirements for Properties Let at Completion

Clydesdale Bank buy-to-let obligations are set out in Part 1 of the December 1st 2014 version of the CML Handbook which provides that unless it is clear from the mortgage offer that the property is tenanted or is to be let at completion then you must check with Clydesdale Bank as to whether Clydesdale Bank lend on "buy-to-let" premises and that the mortgage is for that purpose.

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Last updated on 26/09/2023 Part 2 of the UK Finance Lenders’ Handbook for Clydesdale Bank deals with who you need to contact If different from section 1.11, i.e the contact point if property is let or to be let. It also deals with whether Clydesdale Bank lend on buy-to-let

Mortgage Services
PO BOX 3105
Clydebank
Glasgow
G60 9AU
Tel - 0800 121 4203

Where the residence, or part of it, is currently let, or is to be let at completion, then the letting must comply with the details set out in the Clydesdale Bank mortgage offer or any consent to let Clydesdale Bank issue. If the letting does not comply, or no such details are mentioned, you must report the position to Clydesdale Bank

Part 2 of the UK Finance Lenders’ Handbook for Clydesdale Bank deals with who you must contact If different from 1.11, i.e the contact point when you do not have details of current letting or letting to take place at completion:

Mortgage Services
PO BOX 3105
Clydebank
Glasgow
G60 9AU
Tel - 0800 121 4203

Property lawyers on the Clydesdale Bank conveyancing panel,when it comes to buy to let properties need to check Part 2 of the UK Finance Lenders’ Handbook as to whether counterparts or certified copies of all tenancy agreements and leases in respect of existing tenancies must be sent to Clydesdale Bank after completion

In considering whether the lender requires a certified copy tenancy contract to be sent Clydesdale Bank specifically states:

Yes

The information contained within this webpage is for general information purposes only for lawyers in England and Wales, it does not constitute advice and you should always check the UK Finance Lenders’ Handbook for Clydesdale Bank Buy to Let requirements as well as the mortgage offer. Whilst we endeavour to keep the information up to date and correct but does not make any representation or warranties of any kind about its completeness, accuracy, reliability or suitability. Any reliance you place on the information is strictly at your own risk. Lexsure will not be liable for any direct or indirect loss or damage arising out of or in connection with the use of this information. The same caveat applies to members of the public looking at this page. If you wish to find a buy to let conveyancing specialist on the Clydesdale Bank panel or a buy to let mortgage broker click here.

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