Buy to Let - Intelligent Finance Conveyancing Requirements for Properties Let at Completion

Intelligent Finance conveyancing instructions are expressed 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 let or is to be let at completion then you must check with Intelligent Finance as to whether Intelligent Finance lend on "buy-to-let" premises and that the mortgage is for that purpose.

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Last updated on 13/01/2023 Section Two of the UK Finance Lenders’ Handbook for Intelligent Finance 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 Intelligent Finance lend on buy-to-let

Securities, Intelligent Finance, PO Box 890, Leeds, LS1 9UG

Where the premises, 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 Intelligent Finance mortgage offer or any consent to let Intelligent Finance issue. If the letting fails to comply, or no such details are mentioned, you are obliged disclose the position to Intelligent Finance

Part 2 of the UK Finance Lenders’ Handbook for Intelligent Finance 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:

Securities, Intelligent Finance, PO Box 890, Leeds, LS1 9UG

Law firms on the Intelligent Finance 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 Intelligent Finance after completion

In addressing the question whether the bank requires a certified copy tenancy agreement to be sent Intelligent Finance says:

No, please forward to the borrower.

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 Intelligent Finance 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 Intelligent Finance panel or a buy to let mortgage broker click here.