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

Holmesdale Building Society conveyancing instructions are expressed in Part 1 of the Lenders 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 Holmesdale Building Society as to whether Holmesdale Building Society lend on "buy-to-let" properties and that the loan is for that purpose.

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Previously updated on 01/12/2014 Part 2 of the UK Finance Lenders’ Handbook for Holmesdale Building Society 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 Holmesdale Building Society lend on buy-to-let

Lender.

If the property, 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 Holmesdale Building Society mortgage offer or any consent to let Holmesdale Building Society issue. If the letting fails to comply, or no such details are specified, you must disclose the position to Holmesdale Building Society

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

Lender.

Conveyancing solicitors on the Holmesdale 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 Holmesdale Building Society after completion

In considering whether the lender requires a counterpart letting agreement to be sent Holmesdale Building Society says:

Yes.

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