Buy to Let - Hinckley and Rugby Conveyancing Requirements for Properties Let at Completion

Hinckley and Rugby buy-to-let obligations are set out in Part 1 of the Council of Mortgage Lenders’ Handbook which provides that unless it is clear from the mortgage offer that the property is let or is to be let at completion then you must check with Hinckley and Rugby as to whether Hinckley and Rugby lend on "buy-to-let" properties and that the loan is for that purpose.

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Previously updated on 15/04/2024 Section Two of the UK Finance Lenders’ Handbook for Hinckley and Rugby 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 Hinckley and Rugby lend on buy-to-let

Principal Office, Mortgage Department, Advances Section.

If 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 Hinckley and Rugby mortgage offer or any consent to let Hinckley and Rugby issue. If the letting does not comply, or no such details are specified, you are obliged report the position to Hinckley and Rugby

Part 2 of the UK Finance Lenders’ Handbook for Hinckley and Rugby 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:

Principal Office, Mortgage Department, Advances Section.

Property lawyers on the Hinckley and Rugby solicitor 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 Hinckley and Rugby after completion

In addressing the question whether the mortgage company requires a counterpart letting contract to be sent Hinckley and Rugby specifically states:

Yes, after completion, unless Offer Condition provides otherwise.

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 Hinckley and Rugby 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 Hinckley and Rugby panel or a buy to let mortgage broker click here.