Buy to Let - Family Building Society Conveyancing Requirements for Properties Let at Completion

Family Building Society legal requirements are explicit in Part 1 of the Lenders 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 Family Building Society as to whether Family Building Society lend on "buy-to-let" premises and that the mortgage is for that purpose.

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Previously updated on 05/04/2022 Part 2 of the UK Finance Lenders’ Handbook for Family Building Society 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 Family Building Society lend on buy-to-let

Loans Underwriting Department, Ebbisham House, 30 Church Street, Epsom, Surrey KT17 4NL
Email: loansunderwriting@familybsoc.co.uk

Where the premises, or part of it, is already let, or is to be let at completion, then the letting must comply with the details set out in the Family Building Society mortgage offer or any consent to let Family Building Society issue. If the letting does not comply, or no such details are specified, you are obliged disclose the position to Family Building Society

Part 2 of the UK Finance Lenders’ Handbook for Family Building Society deals with who you need to 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:

Loans Underwriting Department, Ebbisham House, 30 Church Street, Epsom, Surrey KT17 4NL
Email: loansunderwriting@familybsoc.co.uk

Property lawyers on the Family Building Society 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 Family Building Society after completion

In considering whether the mortgage company requires a certified copy letting agreement to be sent Family Building Society says:

No, this should be retained by the borrower. Please also keep a copy on your file.

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 Family Building Society 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 Family Building Society panel or a buy to let mortgage broker click here.