Buy to Let - M&S Bank Conveyancing Requirements for Properties Let at Completion

M&S Bank legal requirements are explicit in Part 1 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 M&S Bank as to whether M&S Bank lend on "buy-to-let" properties and that the loan is for that purpose.

Need help with "Buy to Let" from M&S Bank?

Previously updated on 28/05/2020 Part 2 of the UK Finance Lenders’ Handbook for M&S Bank deals with who you need to contact If different from paragraph 1.11, i.e the contact point if property is let or to be let. It also deals with whether M&S Bank lend on buy-to-let

M&S Bank, PO Box 12, Skipton, BD23 2HL. Telephone Number 0345 002 1128 Fax 0345 111 0322

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 M&S Bank mortgage offer or any consent to let M&S Bank issue. If the letting fails to comply, or no such details are mentioned, you must notify the position to M&S Bank

Part 2 of the UK Finance Lenders’ Handbook for M&S Bank outlines 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:

M&S Bank, PO Box 12, Skipton, BD23 2HL. Telephone Number 0345 002 1128 Fax 0345 111 0322

Firms authorised on the M&S Bank 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 M&S Bank after completion

In addressing the question whether the lender requires a counterpart tenancy agreement to be sent M&S Bank says:

No

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 M&S 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 M&S Bank panel or a buy to let mortgage broker click here.