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

National Counties Building Society buy-to-let obligations are explicit 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 National Counties Building Society as to whether National Counties Building Society lend on "buy-to-let" properties and that the loan is for that purpose.

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Last updated on 05/04/2022 Section Two of the UK Finance Lenders’ Handbook for National Counties Building Society 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 National Counties Building Society lend on buy-to-let

Loans Underwriting Department, Ebbisham House, 30 Church Street, Epsom, Surrey KT17 4NL
Email: loansunderwriting@ncbs.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 National Counties Building Society mortgage offer or any consent to let National Counties Building Society issue. If the letting fails to comply, or no such details are mentioned, you must report the position to National Counties Building Society

Part 2 of the UK Finance Lenders’ Handbook for National Counties Building Society outlines 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:

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

Conveyancing solicitors on the National Counties Building Society 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 National Counties Building Society after completion

In addressing the question whether the bank requires a counterpart letting contract to be sent National Counties Building Society specifically states:

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