From 1st July the Council of Mortgage Lenders is integrated into a new trade association, UK Finance. For the time being, all UKF mortgage information will continue to be published on this website, and UKF member-only mortgage information will only be available here.

UK Finance represents around 300 firms in the UK providing credit, banking, markets and payment-related services. The new organisation takes on most of the activities previously carried out by the Asset Based Finance Association, the British Bankers’ Association, the Council of Mortgage Lenders, Financial Fraud Action UK, Payments UK and the UK Cards Association. Please go to www.ukfinance.org.uk for wider content and updates from UK Finance.

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Question: 16.3.4. Does the lender need to be sent the transfer of equity?

Lender Answer
Accord Buy to Let You must retain a certified copy of the completed transfer on your file where the transfer includes a covenant by a new borrower or the release of a borrower or guarantor from obligations under the mortgage.
Accord Mortgages Ltd You must retain a certified copy of the completed transfer on your file where the transfer includes a covenant by a new borrower or the release of a borrower or guarantor from obligations under the mortgage.
Adam & Company Yes, after completion.

Adam & Company International Yes, after completion.

Ahli United Bank (UK) plc Yes
Aldermore Bank PLC Only if we need to execute it.
Allied Irish Bank (GB), a trading name of AIB Group (UK) No. May be sent to the Borrower.
Atom Bank plc No as we do not need to be a party to it and will always take a new charge.
Aviva Equity Release UK Ltd No.
Bank of Ireland (UK) plc Yes, please send to Mortgage Services Department, Bank of Ireland UK, PO Box 3191, One Temple Quay, Bristol, BS1 9HY. Tel No 0845 6027056; Fax No 0117 943 6555. DX 98850 Bristol 2.
Bank of Ireland as Bank of Ireland Mortgages Mortgage Services Department, Bank of Ireland UK, PO Box 3191, One Temple Quay, Bristol, BS1 9HY. Tel No 0845 6027056; Fax No 0117 943 6555. DX 98850 Bristol 2.
Bank of Scotland Beginning A Only if we need to execute it.
Bank of Scotland Beginning O Yes
Barclays Bank UK PLC No
Barnsley Building Soc, a trading name Yorkshire Building Soc You must retain a copy of the completed transfer on your file where the transfer includes a covenant by a new borrower or the release of a borrower or guarantor from obligations under the mortgage.
Birmingham Midshires Only if we need to execute it.
Bluestone Mortgages Yes.
Bradford & Bingley Plc A certified copy to be placed with the title deeds on their return to us.
Britannia, a trading name of The Co-operative Bank plc Only if we need to sign it.
Buckinghamshire Building Society A certified copy of the transfer is required.
Capital Home Loans Yes
Chelsea Building Society (a trading name of Yorkshire BS) You must retain a certified copy of the completed transfer on your file where the transfer includes a covenant by a new borrower or the release of a borrower or guarantor from obligations under the mortgage.
Clydesdale Bank plc No.
Co-operative Bank plc Only if we need to sign it.
Coutts Yes, after completion.
Coutts Finance Co Yes, after completion.
Coventry Building Society Yes, after completion
Cynergy Bank Yes.
Darlington Building Society Yes.We require the TR1 to execute prior to registration at the Land Registry. we require an updated TID on completion
DB UK Bank Ltd No
Dudley Building Society Our approval is required for a transfer of equity. Transfers of equity are dealt with by redeeming the original mortgage and a new regulated mortgage taken out.
Earl Shilton Building Society Yes, after completion
Ecology Building Society Yes
Family Building Soc (a trading name of National Counties BS) Yes - to Family Service Team, Ebbisham House, 30 Church Street, Epsom, Surrey KT17 4NL
DX 30729 EPSOM
Fleet Mortgages Not applicable.
Foundation Home Loans Yes.
Furness Building Society Yes
GE Money Home Lending Ltd A draft copy of the TR1 will be required before completion for review. Confirmation of the completed transfer is also required. NB. Any variation to the parties on the mortgage account is subject to a full GEMHL underwriting process.
Godiva Mortgages Ltd Yes, after completion.
Habito No - to be sent to HM Land Registry.
Halifax Only if we need to execute it.
Halifax Loans Ltd Only if we need to execute it.
Hampden & Co. plc Please retain with the title deeds.
Handelsbanken No, the Bank requires a reconstitution of the security in transfer of equity cases.
Harpenden Building Society Yes, after completion
Hinckley and Rugby Building Society Yes.
Hodge Equity Release Yes, file the original with HM Land Registry, a certified copy of the transfer of equity should be sent to us as per 1.11a
Hodge Life Yes, file the original with HM Land Registry, a certified copy of the transfer of equity should be sent to us as per 1.11a
Holmesdale Building Society Yes.
HSBC UK Bank plc No, as we do not want to be a party to the transfer. A new charge will be taken at all times
Intelligent Finance Only if we need to execute it
Investec Bank plc Not unless requested by the Bank.
ITL Mortgages Yes
JPMorgan Chase Bank, N.A. Yes.
Kensington Mortgage Company Ltd Yes. Please send to the Customer Services Department, Kensington Mortgage Company Ltd, PO Box 4760, Maidenhead, SL60 1HU following completion.
Kent Reliance (a trading name of OneSavings Bank plc) Yes
Keystone Property Finance Please contact Keystone Property Finance Limited, P O Box 1175 Harmon House 1 George Street Uxbridge, UB8 9BY Tel: 0345 877 8913 to discuss
Landbay No. We currently support applications for transfers of equity and /or title
Landmark Mortgages Limited We require a certified copy of the transfer.
Leeds Building Society Yes. These must be sent to the Society's Document Services Department (as per 16.1.1).
Legal & General Home Finance Ltd Yes, a certified copy after completion.
LendInvest You must retain a certified copy of the completed transfer on your file where the transfer includes a covenant by a new borrower or the release of a borrower or guarantor from obligations under the mortgage
Lloyds Bank plc pre fixed 20/40 Only if we need to execute it.
Lloyds Bank plc pre fixed 50/30/77 Only if we need to execute it.
Lloyds TSB Scotland plc Only if we need to execute it.
M&S Bank No, as we do not want to be a party to the transfer. A new charge will be taken at all times
Magellan Homeloans If we are required to execute it
Manchester Building Society Please place with Title Deeds.
Market Harborough Building Society No - handled by way of new mortgage subsequent to the transfer
Masthaven Bank Yes.
Metro Bank plc Only if we need to execute it.
Molo Finance Buy to Let Mortgages You must retain a certified copy of the completed transfer on your file where the transfer includes a covenant by a new borrower of the release of a borrower or guarantor from obligations under the mortgage.
Monmouthshire Building Society N/A
Mortgage Agency Services Only if Lender needs to execute it
Mortgage Express A certified copy to be placed with the title deeds on their return to us.
Mortgage Express No 2  
National Counties Building Society Yes - to Mortgage Account Service Team, Ebbisham House, 30 Church Street, Epsom, Surrey KT17 4NL
DX 30729 EPSOM
National Westminster Bank plc No.
Offset Flexible Mortgage - Yes, after completion.
Nationwide Building Society No - to be sent to HM Land Registry.
Nedbank Private Wealth Ltd You should refer to us.
New Street Mortgages Yes
NRAM Ltd We require a certified copy of the transfer.
Paragon Buy to Let Mortgages Yes, certified copy to be included with deeds.
Paragon Residential Owner-Occupied Mortgages Yes, certified copy to be included with the deeds.
Paratus AMC Ltd All documentation should be sent to our Customer Services Department, Foundation Home Loans Limited, 5 Arlington Square, Downshire Way, Bracknell, Berkshire RG12 1WA or DX 122530 Bracknell (2).
Parity Trust Yes
Pepper Money Yes, please send to Pepper Money, Servicing Department Harman House, 1 George Street, Uxbridge, Middlesex, UB8 1QQ
Pepper Money (PUK) Yes, please send to Pepper Money, Servicing Department Harman House, 1 George Street, Uxbridge, Middlesex, UB8 1QQ
Platform (a trading name of The Co-operative Bank p.l.c.) Yes.
Precise Mortgages (Charter Court Financial Services Ltd) Only if we need to execute it.
Principality Building Society No –- file with HM Land Registry.
Rooftop Mortgages Ltd Yes.
Saffron Building Society Only if we need to execute it
Sainsbury's Bank Yes. Please send to Sainsbury’s Bank Underwriting Team, PO Box 108, Gateway House, Gargrave Road, Skipton, BD23 9EX
Santander UK plc Yes, a certified copy of the transfer of equity should be sent to the Mortgage Operations office instructing you.
Scottish Building Society  
Scottish Widows Bank No - However we require a fresh Legal Charge to be granted by the new Borrower(s)
Secure Trust Bank PLC Only if we need to execute it.
Skipton Building Society Yes, certified copy.
St James Place Bank Only if we need to execute it.
State Bank of India UK Yes, please include with the Title Deeds.
Swansea Building Society Yes
Tesco Bank (a trading name of Tesco Personal Finance plc) Yes. Please send a certified copy to Tesco Bank, Mortgage Operations, PO Box 353, Darlington, DL1 9QR following successful registration at the Land Registry.
The Mortgage Business Only if we need to execute it
The Mortgage Lender Limited Yes.
The Mortgage Works Yes - Account Servicing
The Royal Bank of Scotland plc No.
Offset Flexible Mortgage -Yes after completion.
The Royal Bank of Scotland plc Direct Line Mortgages Not applicable. See 16.3.1 above.
The Royal Bank of Scotland plc Direct Line One Not applicable. See 16.3.1 above.
The Royal Bank of Scotland plc First Active If our letter of instruction to you is issued before 22 June 2009 - Yes, after completion.
If our letter of instruction to you is issued on or after 22 June 2009 - No.
The Royal Bank of Scotland plc Natwest one Account Not applicable. See 16.3.1 above.
The Royal Bank of Scotland plc One Account Not applicable. See 16.3.1 above.
The Royal Bank of Scotland plc Virgin One Not applicable. See 16.3.1 above.
The Tipton & Coseley Building Society Yes, in draft for approval and the signed copy after completion.
Together Personal Finance Limited Yes.
Topaz Finance Ltd No. Please keep a completed copy of the Transfer on your file.
TSB Bank plc Only if we need to execute it.
Ulster Bank Ltd Yes, after completion.
Vida Homeloans Yes:
Mortgage Services,
Vida Homeloans,
Gateway House,
Gargrave Road,
Skipton,
North Yorkshire,
BD23 2HL
Virgin Money Yes, just a certified copy.
Whistletree (a trading name of TSB Bank plc) We require a certified copy of the transfer.
Yorkshire Bank Home Loans Ltd No.
Yorkshire Building Society You must retain a certified copy of the completed transfer on your file where the transfer includes a covenant by a new borrower or the release of a borrower or guarantor from obligations under the mortgage.
Zephyr Mortgages No. Please keep a completed copy of the Transfer on your file.