- CML lenders' handbook for conveyancers
CML lenders' handbook for conveyancers
The CML lenders' handbook provides comprehensive instructions for conveyancers acting on behalf of lenders in residential conveyancing transactions. There is a Lenders' Handbook for each legal jurisdiction in the UK and all have a part 1 (general instructions) and part 2 (lender specific instructions). Use the search below to select a jurisdiction and/or a lender's part 2 response
The handbook for England & Wales also includes a part 3 which sets out standard instructions to be used where a conveyancer is representing the lender but not the borrower. Part 3 should be read in conjunction with parts 1 & 2. An example requirements letter to the borrower's conveyancer has also been developed for use in these circumstances. Further information can be found in the FAQs section.
On 30 November 2015, we removed a reference to part 2 in the buildings insurance requirement section of the Lenders Handbooks for England and Wales, Northern Ireland and Scotland - clause 6.14 England and Wales, 6.13 Northern Ireland and 6.14 Scotland. The clause in part 1 requires conveyancers/solicitors to make reasonable enquiries that buildings insurance cover has been arranged for the property from no later than completion and to remind the borrower that they:
- Must have buildings insurance in accordance with the requirements of the mortgage conditions no later than completion, and
- Must maintain such buildings insurance cover throughout the mortgage term
Lenders will no longer have an additional list of requirements relating to buildings insurance in part 2 of the Handbook. The change relates to certificates of title lodged from 30 November 2015. This change follows engagement with the legal sector. More detail can be found in the summary of amendments.
Using the Lenders' handbook search
Use the search below to select a jurisdiction and/or a lender's part 2 response. You can view the part 1 or part 2 individually or in the same document. The part 3 can only be viewed individually but links are provided between the part 1 and part 3 where relevant. You can also view all lenders' responses to a specific question by browsing to any lender part 2, finding the question and clicking on View all answers to the question.
If a lender is not listed in the search they may not sign up to the Handbook and you should contact them direct. If you have any queries about the Handbook please view the FAQs section. See our Summary of amendments for previous versions of the part 1.