Get in touch to discuss BOPAS accreditation. Head office: Oakfield House, PO Box 600, Binley Business Park, Coventry, CV3 9YR Type of membership: Associate, Fitch Ratings Ltd Type of membership: Member, Airdrie Savings Bank Head office: The Bailey, Skipton, North Yorkshire, BD23 1DN Authorized advisors are able to research mortgage lenders criteria in granular detail across many lenders. Head office: Citigroup Centre, Canada Square, London, E14 5LB Our address is Level 2, 20 St Thomas St, London, SE1 9RG. The Council of Mortgage Lenders integrated with five other bodies in July 2017 to form UK Finance, the new trade association for nearly 300 providers of finance, banking and payments-related services. Please click here to download the "Interest Only Toolkit". In the face of the ongoing cost-of-living squeeze and rising interest rates, we expect a softer market for house purchases. Head office: 374 High Street, West Bromwich, West Midlands, B70 8LR, DX 14611 WEST BROMWICH 7 Type of membership: Member, Coutts & Co To take fixed security over the shares in a Scottish company, the shares have to be transferred to the lender. Type of membership: Member, ING Direct N.V. Head office: 19 St Petersgate, Stockport, Cheshire, SK1 1HF, DX 19652 STOCKPORT Head office: 120 London Wall, London, EC2Y 5ET Edenbridge, Head office: LMS House, Lloyd Drive, Cheshire Oaks Business Park, Cheshire, CH65 9HQ, DX728580 ELSMERE PORT Head office: Portman House, Richmond Hill, Bournemouth, BH2 6EP Best for lower credit scores: Rocket Mortgage. Type of membership: Member, Northern Rock plc Type of membership: Member, First Direct Bank Head office: Sovereign House, P O Box 8, 8 Sovereign Street, Leeds, LS1 1HQ, DX 12004 LEEDS Registered in England No: 3642459 | Website by Fuelius. Head office: 7 St. James Square, Manchester, M2 6XX Type of membership: Member, Godiva Mortgages Limited Type of membership: Member, UCB Home Loans Corporation Ltd We offer new build and retrospective warranties. Type of membership: Member, Leek United Building Society This can be accessed on-line via, If you have any queries relating to lender approval, please call us on, MD Insurance Services Ltd. is the scheme administrator for LABC Warranty and is authorised and regulated by the Financial Conduct Authority. Type of membership: Member, C L Mortgages Limited Head office: Southwark Towers, 32 London Bridge Street, London, SE1 9SY, DX 38800 LONDON BRIDGE SE1 Technology providers and capabilities are critical to reduce the length of the end-to-end mortgage process and to improve the overall customer experience. A member of our team will phone at a time convenient for you. Type of membership: Associate, John Collins & Partners LLP Type of membership: Member, Lloyds TSB Mortgages Type of membership: Member, Tiuta PLC The New Jersey Housing and Mortgage Finance Agency (NJHMFA) is dedicated to increasing the availability of and accessibility to safe, decent and affordable housing to families in New Jersey. In . Forbes Advisor Staff, Forbes Advisor Staff. The No. When Jenrick made the announcement last month, he said 'all major lenders' welcomed the new advice, suggesting lenders would now stop asking for EWS1s for properties in smaller . Head office: Group Head Office, 11-16 Donegall Square East, Belfast, BT1 5UB Melton Mowbray Building Society Executive discretion to accept the cover if appropriate, awaiting formal approval. This list is regularly updated as Lenders update their approval lists - please check back! Type of membership: Member, First Trust Bank See ourSummary of amendmentsforprevious versions of the part 1. Head office: Duffield Hall, Duffield, Derbyshire, DE56 1AG Head office: 101 Park Avenue, 48th Floor, NEW YORK, NY 10178 Type of membership: Associate, Hammonds Direct Below is a list of lenders that currently accept the Build-Zone Structural Warranty for self-builds. Type of membership: Member, Chelsea Building Society Head office: Accounts department, Gainsborough House, Houghton Hall Park, Houghton Regis, LU5 5XF First-time borrowers need a 640 minimum credit score. Head office: Allenview House, Hanham Road, Wimborne, Dorset, BH21 1AG, DX 45315 WIMBORNE Type of membership: Associate, Jeffrey Green Russell Head office: Stewart House, Pynes Hill, Strathclyde Business Park, Exeter, EX2 5AZ Just email us your plans or planning reference number! Half of all first-time buyers in the UK, and over a quarter of home movers who took out a mortgage in the third quarter of this year opted for a term of more than 30 years, according to UK Finances latest Household Finance Review produced in collaboration with Accenture. Head office: PO Box 89, Principality Buildings, Queen Street, Cardiff, CF10 1UA Head office: Vale House, Roebuck Close, Bancroft Road, Reigate, Surrey, RH2 7RU Head office: 4 Market Square, Stafford, ST16 2JH, DX 701367 STAFFORD-3 If you think you may have been a victim of a scam please contact your bank immediately and report it to action . Type of membership: Associate, Optima Legal Services Ltd Type of membership: Member, Direct Line Financial Services Ltd Register your interest for our Later Life Lenders programme to help address issues relating to adviser knowledge and their ability to communicate options. Type of membership: Member, Monmouthshire Building Society Head office: Level 31, Mortgages, 8 Canada Square, London, E14 5HQ @ProtekWarranty rang of retrospective warranty is becoming increasingly popular with people who already have an arc https://t.co/XlFcDfEt4g, RT @Frame_Tech: Todays the day! We serve the nation's homebuyers, homeowners, renters, and communities through nationwide programs that support safe, sustainable, and affordable housing and access to quality healthcare. Head office: 80 The Strand, London, WC2R 0GR Type of membership: Member, Scarborough Building Society Best Mortgage Lenders of February 2023. Type of membership: Associate, PricewaterhouseCoopers Head office: 20 Canada Square, Canary Wharf, London, E14 5LH Head office: PO Box 81, Pendeford Business Park, Wobaston Road, Wolverhampton, WV9 5HZ, DX 10401 WOLVERHAMPTON Head office: Exchange Tower, 2 Harbour Exchange Square, London, E14 9FR, DX 135857 ISLE OF DOGS 2 In this section Tasks for regulated firms Approved persons Senior Managers and Certification Regime Change in control Appointed representatives and principals Brexit Variation of permission Waivers and modifications Capital requirements permissions Fees and levies Regulatory reporting Change of legal status Firm details Your business Whistleblowing Culture and governance Report mortgage fraud . Updated: Feb 23, 2023, 3:50am. Type of membership: Member, Mortgage Express Ltd 5TH FLOOR, 1 ANGEL COURT, LONDON EC2R 7HJ, UK Finance mortgage lenders' handbook for conveyancers. The CML Handbook provides a list of the professionals who may be acceptable to lenders: Your lenders might not necessarily accept all of these, therefore you must always check with them to find out what Professional Consultants Certificates they deem acceptable. Our independent professional monitoring team work for you and have no conflict of interest in your project. Don't see a particular Lender below? Head office: 6 High Street, Loughborough, Leicestershire, LE11 2QB, DX 19611 LOUGHBOROUGH Enter to open, tab to navigate, enter to select Type of membership: Associate, Redstone Mortgages plc Type of membership: Associate, Navigant Consulting Criteria Brain members can access the answers to this criteria and many more. Head office: Po Box 183, Donegall Square West, Belfast, BT1 6JS Type of membership: Member, Cheltenham & Gloucester plc Head office: 3rd Floor, 5-10 Bury Street, London, EC3A 5AT Head office: John Frost Square, Newport, South Wales, NP20 1PX, DX 33240 NEWPORT (GWENT) Type of membership: Member, Counties Home Loan Management Head office: 55 Colmore Road, Birmingham, B3 2AS, DX 13036 BIRMINGHAM 1 Consumer protection: Better: Best for refinancing. Type of membership: Member, The Co-operative Bank plc Type of membership: Associate, Shoosmiths Solicitors action fraud. Head office: 25 Cabot Square, Canary Wharf, London, E14 4QA Type of membership: Associate, Barlow Robbins LLP Type of membership: Member, DB UK Bank Limited Currently our key priorities are supporting homeowners affecting by fire safety concerns; helping mortgage prisoners caught out by regulatory changes to mortgages; supporting people affected by the coronavirus pandemic; and helping to create a sustainable and green future for housing. Head office: Integra House, Floor 2, Vicarage Road, Egham, Surrey, TW20 9JZ . Head office: 76 Upper Ground, London, SE1 9PZ . Head office: 125 Portland Street, Manchester, M1 4QD Head office: Lexicon House,, 17 Old Court Place, London, W8 4PL Type of membership: Member, Oakwood Homeloans Ltd Steve Wassell Insurance Management Limited FCA Reg. Head office: City House, City Road, Chester, CH88 3AN Type of membership: Associate, Barnetts Solicitors Type of membership: Associate, Capstone Mortgage Services Limited Head office: Legal & General House, St Monicas Road, Kingswood, Tadworth, Surrey, KT20 6EU Head office: Lahnstein House, Gold Street, Kettering, Northants, NN16 8AP New American Funding: Best for low APR. Do you know where to find the best deals? If you Head office: 12/14 Ridgeway Street, Douglas, Isle of Man, IM1 1EN Head office: Merchant House, 30 Cloth Market, Newcastle Upon Tyne, NE1 1EE PenFed Credit Union: Best credit union for mortgages. The National House Building Council (NHBC) scheme is the most well-known warranty scheme, alongside Premier Guarantee and LABC, all of whom are underwritten by AM Trust Europe Ltd. A NHBC certificate provides an insurance backed warranty covering a number of named defects relating to the property for a period of 10 years. The policies are approved by The Council of Mortgage Lenders. The Structural Warranty market is fast-moving and complex. Always lovely to receive a note of #thanks from a valued customer. https://t.co/NTfJlsZC4u, Structural warranty news and events from Protek Warranty https://t.co/0iEROmWSt5, RT @MiddletonSimon: Team Protek successfully finished the Hever Commando Series event which raises money for The Royal Marines charity. Head office: Corporate Headquarters, Watling Street, Bexleyheath, Kent, DA6 7RR, DX 90000 BEXLEYHEATH-2 Our surveyors can be appointed and on site within a matter of days. Type of membership: Associate, UBS Limited Best for no fees: Ally Bank. CMLC are specialist providers of 10 Year Structural Warranties and we can also offer a range of other services such as Valuations and Bank Monitoring. The Council of Mortgage Lenders issued a letter to the ICFA on the 13th September 2012 confirming the following statement: FEBRUARY 2010 The Valuation Panel of the Council of Mortgage Lenders confirmed that ICF (Insulating Concrete Formwork) construction is acceptable for mortgage purposes as a standard form of construction, subject to provision of valid product certification and monitoring of . Head office: CityPoint, Temple Gate, Bristol, BS1 6PL Type of membership: Associate, Lovells LLP LIBF Later Life Lending - Register your interest, The outlook for households brightens slightly but many will still need support from their banks, A New Years resolution for security over Scottish shares, Guidance for firms supporting their existing mortgage borrowers impacted by the rising cost of living response from UK Finance, Mortgage market forecast to be weaker amid affordability pressures, Mortgage lending to fall 15 per cent next year, returning to pre-pandemic levels, Dont let money worries dampen your festive spirit, Half of new first-time-buyer mortgages have terms over 30 years, up from a quarter ten years ago. This causes a variety of unwelcome issues. Type of membership: Member, E-Mex Home Funding Ltd Head office: 81 Upper Bond Street, Hinckley, Leicestershire, LE10 1DG, DX 716435 HINCKLEY Type of membership: Member, Bath Investment & Building Society Head office: Merrill Lynch Financial Centre, 2 King Edward Street, London, EC1A 1HQ No. Type of membership: Associate, Cardif Pinnacle Head office: 3 Goldcroft, Yeovil, Somerset, BA21 4DQ, DX 100503 YEOVIL The Council of Mortgage Lenders (CML) is the UK association which speaks on behalf of the UK mortgage industry. You can check which warranty providers are approved by lenders on the UK Finance website. The warranty is provided either by a warranty scheme or a Council of Mortgage Lenders (CML) Professional Consultants Certificate. Head office: Eastern Gate, Brants Bridge, Bracknell, Berkshire, RG12 9BZ, DX 33624 BRACKNELL Head office: 11 Cradock Street, Swansea, West Glamorgan, SA1 3EW, DX 39595 SWANSEA Head office: Davidson House, 2 Forbury Square, Reading, RG1 3EU Head office: Grafton Court, Snowdon Drive, Milton Keynes, MK6 1AJ Type of membership: Associate, Fasttrac Remortgage Ltd The value of gross mortgage advances in 2022 Q3 was 85.9 billion, which was 8.0 billion greater than the previous quarter, and 17.0% higher than in 2021 Q3. Head office: 35 Portman Square, London, W1H 6LR Guaranteed Rate: Best for variety of loan types. Type of membership: Member, edeus mortgage creators Limited 1.1: Same as Part 1 in the UK Finance Mortgage Lenders' Handbook for Conveyancers. Head office: 70 Owen Street, Tipton, West Midlands, DY4 8HG, DX 700152 TIPTON This site makes use of cookies. Type of membership: Member, Cumberland Building Society Head office: Duffield Hall, Duffield, Derbyshire, DE56 1AG Type of membership: Member, Coventry Building Society This can come in the form of a 10 Year Structural Warranty, our certificates are valid and transferable for a period of 10 years and as there is no premium element. Type of membership: Member, Nottingham Building Society Head office: 1 Redcliff Street, Bristol, BS1 6TP, DX 7815 BRISTOL We are continually updating lenders on the products we supply and the coverage provided. Head office: 1 Balloon Street, Manchester, M60 4EP Type of membership: Associate, Matthew Arnold & Baldwin Use tab to navigate through the menu items. Type of membership: Member, Mortgage Trust plc Head office: 3rd Floor, Austin House, St Crispins Road, Norwich, NR3 1PX Type of membership: Member, Bradford & Bingley plc Type of membership: Member, Morgan Stanley Bank International Limited Head office: Warwick House, 737 Warwick Road, Solihull, B91 3DG, DX 14038 SOLIHULL 2 Head office: 15 Queen Square, Bath, BA1 2HN Type of membership: Member, Britannia Building Society Head office: 8 Hill Street, Berkeley Square, London, W1J 5NG Type of membership: Member, Furness Building Society Best for flexible loan options: PNC Bank . Customers benefit from building control and risk management expertise from a network of more than 3,500 surveyors. Type of membership: Member, Bristol & West plc Where the cost of a warranty scheme is too great for the builder, as can be the case with smaller building firms, a lender may accept a CML Professional Consultants Certificate. Type of membership: Member, Kensington Mortgages Lenders will generally lend on a newly built (or newly converted) property only when the property is covered by a warranty scheme (for example, the National House-Building Council (NHBC) Buildmark scheme) or by a Council of Mortgage Lenders (CML) Professional Consultant's Certificate.1 However, there are fundamental It helps people to get pre-qualified and pre-approved by lenders so they can purchase a residential property. We engage with policymakers across the UK and EU. Type of membership: Associate, Taylor Wessing The CML has been a great source of information about the changing state of the UK mortgage industry, an area of the economy which has come under great pressure as the 2007/08 credit crunch starts to hit home. Head office: Henry Duncan House, 120 George Street, Edinburgh, EH2 4LH UK Finance delivers an extensive programme of events and training courses covering the latest developments in finance and banking. Type of membership: Member, CitiFinancial Europe plc Type of membership: Associate, Experian Ltd Head office: Meridien House, 69 71 Clarendon Road, Watford, Herts, WD17 1DS Do you know who offers mortgage services n the UK? Further confirmation of Lender approval of LABC Warranty for is available under section 6.7 of the CML Lender's Handbook. Carrington: Best for borrowers with weaker credit. Type of membership: Associate, Thomas Eggar LLP Indicates if Protek is an acceptable new build warranty for a lender on new build properties. Head office: 22 The Hollow, Earl Shilton, Leicester, LE9 7NB Type of membership: Associate, Sprecher Grier Halberstam LLP Head office: Woodland Place, Pinetrees Road, Norwich, Norfolk, NR7 9EJ Type of membership: Associate, Acadametrics Limited In November 2015 it was confirmed that the Council of Mortgage Lenders would be merged with the British Bankers . Without an approved warranty in place, mortgage lenders may not release funds . With a 10 year policy, you want a partner you can trust. Type of membership: Member, Wave A structural defect warranty is expected on a property of 10 years or less (a few lenders might expect 12). Type of membership: Member, Astra Mortgages Head office: Trinity Road, Halifax, West Yorkshire, HX1 2RG, DX 11896 HALIFAX If you have any queries relating to lender approval, please call us on0800 183 1755. MD Insurance Services Ltd. is the scheme administrator for LABC Warranty and is authorised and regulated by the Financial Conduct Authority. Building better together. We are listed in the UK Finance (Old CML) Handbook and the Building Societies Association Mortgage Instructions, which describe each lenders' specific requirements. Type of membership: Member, Tipton & Coseley Building Society Type of membership: Member, Norwich & Peterborough Building Society Type of membership: Associate, Countrywide plc Type of membership: Associate, Stewart Title Ltd Type of membership: Member, Hanley Economic Building Society Type of membership: Member, Southern Pacific Mortgage Limited Head office: One America Square, Crosswall, London, EC3N 2SG, DX 53333 CLERKENWELL Head office: 2/3 Hind Court, Fleet Street, London, EC4A 3DL, DX154 LONDON Using an advisor makes applying for a mortgage incredibly easy and asking for help is a breeze as well. Type of membership: Associate, Hay & Kilner Type of membership: Member, Harpenden Building Society If you have a query about a lender that is not listed here please contact us. Head office: Wellington Mills, 70 Plover Road, Huddersfield, HD3 3HR The past couple of Decembers have brought with them worries of lockdowns, sickness and missing out of seeing loved ones. As a general rule, warranty schemes are preferable as there is no need to prove fault on the part of the warranty provider, as is the case with a CML Certificate. If you do find your lender is not listed below, please contact us and we will assist you. When you buy a new build or a recently converted property your mortgage lender will require you to gain a warranty to protect the building. Head office: Vertex House, Greencourts Business Park, 333 Styal Road, Manchester, M22 5TX Type of membership: Member, Teachers Building Society The value of new mortgage commitments (lending . We can offer both warrantable and non-warrantable condo financing. This type of certificate is very cost effective and is pre-approved by the council of mortgage lenders for your sale, mortgage or re-financing requirements. Type of membership: Member, Market Harborough Mortgages Ltd Type of membership: Member, Nationwide Building Society Type of membership: Member, GMAC-RFC Ltd Head office: 20 Merrion Way, Leeds, LS2 8NZ UK Finance represents nearly 300 of the leading firms providing finance, banking, markets and payments-related services in or from the UK. You can also see which Lenders currently list Q as an Approved Scheme here: https://lendershandbook.ukfinance.org.uk/lenders-handbook/. Type of membership: Member, Dudley Building Society Premier Guarantee work with a panel of leading insurers to bring you the most comprehensive Structural Warranty cover in the market. Head office: 36 Sutton Court Road, Sutton, Surrey, SM1 4TE The mortgage and housing markets are constantly evolving to meet the needs of customers. Type of membership: Associate, Assurant Solutions Head office: City House, City Road, Chester, CH88 3AN, DX 21645 CHESTER Head office: PO Box 520, Surrey Street, Norwich, NR1 3NG The Council of Mortgage Lenders has a handbook in which all the indemnity insurance requirements are clearly outlined, stating what they should accept and what needs further action from the lender. Type of membership: Member, 5D Finance Limited Type of membership: Member, Rooftop Mortgages TN8 6HF. Type of membership: Member, Distinct Mortgages Ltd Protek warranty has wide lender approval from banks and building societies in the UK. Head office: One Temple Quay, 1 Temple Back East, Bristol, BS99 7AX, DX 98850 BRISTOL-2 Type of membership: Member, Derbyshire Home Loans Ltd Type of membership: Associate, KPMG Head office: 105 Albion Street, Leeds, LS1 5AS Type of membership: Member, Progressive Building Society 6 Year Professional Consultants Certificate (PCC) Once known as an Architect's Certificate, or a CML Certificate (Council of Mortgage Lenders), the current industry standard for newly built or converted properties is a UK Finance Professional Consultants Certificate (PCC). It is a requirement of most lenders in the UK to have a structural warranty on all new build properties, converted properties, or residential properties less than 10 years old. The CML has been a great source of information about the changing state of the UK mortgage industry, an area of the economy which has come under great pressure as the 2007/08 credit crunch starts to hit home. 3) Ruoff Home Mortgage Nathanael Peppi Jones NMLS# 1841663. Our warranties can be provided in England, Scotland, Wales and Ireland. This is intended to protect your investment, and the mortgage lenders security, in the event that the builders have become insolvent or ceased to exist. Type of membership: Member, Newcastle Building Society The UK Finance lenders' handbook provides comprehensive instructions for conveyancers acting on behalf of lenders in residential conveyancing transactions. Type of membership: Associate, Willis Limited Type of membership: Member, North Yorkshire Mortgages Limited Type of membership: Associate, Islamic Bank of Britain Type of membership: Member, Church House Trust Plc Cover normally lasts for a period of 10 years after completion, and often it is required before mortgage lenders will . Type of membership: Member, Newbury Building Society LABC Warranty has a long list of mortgage lenders who have confirmed that the LABC Warranty New Home Warranty is acceptable to them. [1] The value of gross mortgage advances in 2021 Q2 was 89.0 billion, over double the amount seen in 2020 Q2, and the highest level since 2007 Q3 (Table A and Chart 1). Regus-Leicester Grove Park, 1st Floor Gateway House. Head office: Pinnacle House, A1 Barnet Way, Borehamwood, Hertfordshire, WD6 2XX Head office: Radcliffe House, Blenheim Court, Warwick Road, Solihull, West Midlands, B91 2AA Type of membership: Associate, Registers of Scotland Our Council of Mortgage Lenders recognised Professional Consultants Certificates serve a similar purpose to Architects Certificates but have a number of distinct advantages. Type of membership: Member, AIB Group (UK) plc Type of membership: Associate, LSL Property Services plc The lenders on this list have agreed to accept tax calculations and tax year overviews that customers, or their agents or accountants, have printed themselves. Type of membership: Associate, UKValuation Ltd Type of membership: Associate, LV= Kent, UK Finance Limited (trading as UK Finance) 2020. Type of membership: Associate, IBM Global Business Services As the UK's second largest mortgage provider, the building society offers a wide number of products, mainly with fixed rates. Head office: Eldon House, 2 Eldon Street, London, EC2M 7UA Giving you peace of mind. Type of membership: Associate, Salans An example requirements letter to the borrower's conveyancer has also been developed for use in these circumstances. Head office: 1 More London Place, London, SE1 2AF Head office: Admiral House, Harlington Way, Fleet, Hampshire, GU51 4YA Head office: Arcadia House, The Warley Hill Business Park, The Drive, Brentwood, Essex, CM13 3BE Type of membership: Member, Ocean Money (II) Limited Part 3 should be read in conjunction with parts 1 and 2. It is important to check that the warranty provider you are considering using is registered . . Type of membership: Associate, Cobbetts LLP They are normally for a period of 10 -12 years after completion and there are a range of warranty covers to suit all types of projects. Head office: Pacific House, Relay Point, Tamworth, Staffordshire, B77 5PA The release of UK Finances Household Finance Review for Q3 2022 in early December came at a low point for the UK economy. Without a system like this, the advisors research phase can often take many hours and for complex cases, days, which results in frustrating delays to customers. Head office: 2nd floor, Tower Bridge House, St Katharines Way, London, E1W 1DD Head office: Sir William Atkins House, Ashley Avenue, Epsom, Surrey, KT18 5AS, DX 30718 EPSOM But this meant homeowners signing a lease (typically for 25 years) at the time that can complicate mortgage applications today. We engage with policymakers across the UK and EU. Type of membership: Member, Mortgages plc .cls-1{fill:#fff;}.cls-2{fill:#fff;}logoUK Finance Mortgage Lenders' Handbook. Type of membership: Member, HBOS plc Head office: 1 Park Lane, Leeds, LS3 1EP Head office: Golden House, 30 Great Pulteney Street, London, W1F 9LT The Professional Consultants Certificate (PCC) was first introduced by the Council of Mortgage Lenders (now UK Finance) in 2000 for use by professional consultants in the construction . CMLC Ltd NFU Building, Camelgate Spalding, PE12 6ET, Recognised by UK Mortgage Lenders as detailed within the UK Finance Mortgage Lenders handbook for conveyancers, Accepted by High Street Lenders mortgage providers, All Checks Carried Out by Qualified Surveyors (RIBA / RICS), Save up to 50% Compared to other Structural Warranties, Can be taken on Part Complete / Completed projects.
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