Head office: 25 Cabot Square, Canary Wharf, London, E14 4QA Simplicity is our core marketing principle. As with warranty schemes, the professions which the lenders will accept certificates from will vary from lender to lender. Head office: Portland House, New Bridge Street, Newcastle Upon Tyne, NE1 8AL, DX 61010 NEWCASTLE UPON TYNE Head office: 4 Thorpe Way, Grove Park, Enderby, Leicester, LE19 1SU It is accepted by the Council of Mortgage Lenders and high-street lenders. Type of membership: Member, Halifax plc Head office: 56 Stirling Street, Airdrie, ML6 0AW Head office: Level 31, Mortgages, 8 Canada Square, London, E14 5HQ Type of membership: Member, Nationwide Building Society Type of membership: Member, 5D Finance Limited Type of membership: Associate, Shoosmiths Solicitors Type of membership: Associate, Barnetts Solicitors Head office: Market House, Market Square, Stony Stratford, Milton Keynes, MK11 1BE, DX 56907 STONY STRATFORD The CML has provided a list of which schemes are accepted by each lender here. For borrower-paid monthly private mortgage insurance, annual premiums from MGIC, one of the country's largest mortgage insurance providers, range from 0.17% to 1.86% of the loan amount, or $170 . Head office: Northern Rock House, Gosforth, Newcastle upon Tyne, NE3 4PL, DX 60350 GOSFORTH 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 . Head office: Pennine House, Well Street , Bradford, W Yorskshire, BD1 5NU Head office: Kernow House, Newham, Truro, TR1 2XP Accord Mortgages. Type of membership: Member, Norwich & Peterborough Building Society 4 . Head office: 100 Liverpool Street, London, EC2M 2RH Reviewed By. Head office: One Globeside, Fieldhouse Lane, Marlow, Buckinghamshire, SL7 1HZ Key findings. At times, the lender and buyer might not accept the insurance. Head office: Trinity Road, Halifax, West Yorkshire, HX1 2RG, DX 11896 HALIFAX Type of membership: Member, North Yorkshire Mortgages Limited The Council of Mortgage Lenders (CML) has introduced changes which will affect new homes where contracts are exchanged after 1 April 2003. UK Finance has been created by combining most of the activities of 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. Some smaller building companies, however, may not be able to afford this in which case, a CML Certificate will usually suffice. Head office: PO Box 232, 51 Newmarket Road, Cambridge, CB5 8FF, DX 133158 CAMBRIDGE 8 Type of membership: Member, Earl Shilton Building Society Head office: Yorkshire House, Yorkshire Drive, Bradford, West Yorkshire, BD5 8LJ, DX 11798 BRADFORD Type of membership: Member, Stafford Railway Building Society Type of membership: Associate, Shepherd Direct Head office: Grafton Court, Snowdon Drive, Milton Keynes, MK6 1AJ 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. the assessment of individual mortgage lenders of whether a warranty scheme is acceptable to them. Type of membership: Member, Northern Rock plc Head office: 120 London Wall, London, EC2Y 5ET The company offers a variety of loan products, such as bank statement loans, coops, construction loans, downpayment assistance programs, and . Type of membership: Associate, First Title Insurance plc Head office: 111 St Jamess Road, Croydon, Surrey, CR0 2UW 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. Fast and secure cover with a BUILD WARRANTY Professional Consultants Certificate (PCC) with the option of 6 or 10 yr cover available Service and efficiency is our forte ensuring we provide the best technical advice and low prices guaranteed. Head office: First Trust Centre, PO Box 123, 92 Ann Street, Belfast, BT1 3AY As the UK's second largest mortgage provider, the building society offers a wide number of products, mainly with fixed rates. Type of membership: Member, Manchester Building Society Head office: One Temple Quay, 1 Temple Back East, Bristol, BS99 7AX, DX 98850 BRISTOL-2 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. 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. Type of membership: Member, First Direct Bank 5TH FLOOR, 1 ANGEL COURT, LONDON EC2R 7HJ, UK Finance mortgage lenders' handbook for conveyancers. Some lenders will simply not accept applications for homes with leased panels. We provide comprehensive lender data and statistics to help policymakers understand key trends and the impact of legal and regulatory change. We engage with policymakers across the UK and EU. Type of membership: Member, Bradford & Bingley plc Type of membership: Associate, My Home Move Ltd Head office: Admiral House, Harlington Way, Fleet, Hampshire, GU51 4YA Authorised and Regulated by the, There are lots of different warranty schemes in existence and each mortgage lender will have their own standards of which schemes are acceptable. Type of membership: Member, Cambridge Building Society Ally Bank: Best for low interest rates. This warranty must be transferable upon sale of the property to the new owners. News > New lifetime mortgage provider gets FCA approval. Type of membership: Associate, TLT Solicitors 7 Best Home Warranty Companies [2023] 7 Best Home Security Systems [2023] More Reviews; . Head office: 250 Bishopsgate, London, EC2M 4AA Head office: Executive Agency, Meadowbank House, 153 London Road, Edinburgh, EH8 7AU If a property development is to be sold, rented or financed against upon completion, a form of comfort that is recognised by UK Mortgage Lenders will need to be in place, as detailed within the UK Finance Mortgage Lenders handbook for conveyancers. Type of membership: Member, The Chorley & District Building Society Call: 02039 233 648 We also support the home buying process through the UK Finance Handbook and our work with governments and representatives from the legal communities. Head office: Radcliffe House, Blenheim Court, Warwick Road, Solihull, West Midlands, B91 2AA Head office: Sovereign House, P O Box 8, 8 Sovereign Street, Leeds, LS1 1HQ, DX 12004 LEEDS editor. Type of membership: Associate, Unisys Ltd Paragon Bank PLC/ Paragon Mortgages(2010) Ltd, Precise Mortgages (Charter Court Financial Services Ltd), Scottish Widows plc see Lloyds Banking Group. Just email us your plans or planning reference number! Head office: 80 The Strand, London, WC2R 0GR Type of membership: Member, Newbury Building Society Head office: Lexicon House,, 17 Old Court Place, London, W8 4PL Head office: 6-20 Russell Street, Nelson, Lancashire, BB9 7NJ Head office: Frizzell House, County Gates, Bournemouth, BH1 2NF Type of membership: Member, The One Account Ltd Our structural warranties are widely recognised by UK Mortgage Lenders, as listed in the UK Finance/Council of Mortgage Lenders handbook. Head office: LMS House, Lloyd Drive, Cheshire Oaks Business Park, Cheshire, CH65 9HQ, DX728580 ELSMERE PORT The warranty/guarantee provided of the installation and insulation. Type of membership: Member, Derbyshire Home Loans Ltd Type of membership: Associate, Mortgage Brain Ltd Accord Buy to Let; Accord Mortgages Limited; Adam & Company; Adam & Further confirmation of Lender approval of LABC Warranty for is available under section 6.7 of the CML Lender's Handbook. Head office: 6 High Street, Loughborough, Leicestershire, LE11 2QB, DX 19611 LOUGHBOROUGH Type of membership: Associate, Optima Legal Services Ltd Type of membership: Associate, Taylor Wessing Head office: Woodland Place, Pinetrees Road, Norwich, Norfolk, NR7 9EJ Head office: Meridien House, 69 71 Clarendon Road, Watford, Herts, WD17 1DS For more property-related statistics, download the PDF below. Head office: Pacific House, Relay Point, Tamworth, Staffordshire, B77 5PA Head office: John Frost Square, Newport, South Wales, NP20 1PX, DX 33240 NEWPORT (GWENT) Type of membership: Associate, Islamic Bank of Britain Head office: Plantation Place, 30 Fenchurch Street, London, EC3M 3AD Type of membership: Associate, London General Insurance Regardless if you are a property developer, house builder or private client looking to do their own Self-Build . The Council of Mortgage Lenders (CML) is the UK association which speaks on behalf of the UK mortgage industry. Type of membership: Member, Norwich Union Equity Release Type of membership: Associate, KPMG Type of membership: Member, Lloyds TSB Mortgages Natalie Campisi, Andrea Riquier. 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: 12 Market Square, Chesham, Buckinghamshire, HP5 1ER, DX 50314 CHESHAM-1 LABC Warranty works in partnership with Local Authority Building Control to provide structural warranty services for developers, builders and housing providers. Council of Mortgage Lenders approved; . With over 20 years' experience we are trusted and approved by all major mortgage lenders, helping us become one of the largest warranty providers in the UK market. Head office: Sackville House, 143-149 Fenchurch Street, London, EC3M 6BN Type of membership: Associate, PricewaterhouseCoopers Head office: 8 Hill Street, Berkeley Square, London, W1J 5NG Head office: St Catherines Court, Herbert Road, Solihull, West Midlands, B91 3QE, DX 14031 SOLIHULL Better: Best for refinancing. Type of membership: Member, Nottingham Building Society . Key benefits of a . Head office: Talbot House, Talbot Street, Nottingham, NG80 1TH 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. Type of membership: Associate, Clayton Euro Risk Limited If there is a defect with the property then you can bring a claim for compensation on grounds that the consultants certification of the property was negligence the consultant must have professional indemnity insurance from which they can draw upon in the event of a defect. Type of membership: Member, Distinct Mortgages Ltd Criteria Brain fixes this problem by providing a platform which lenders can upload their rules to, in a format that allows advisors to extract the precise information they need in great detail and very quickly. Lenders. Type of membership: Member, Tiuta PLC . We work with members to support the UK as a global leader in financial services. Head office: Stewart House, Pynes Hill, Strathclyde Business Park, Exeter, EX2 5AZ Head office: 5-7 Abbey Court, Eagle Way, Sowton, Exeter, Devon, EX2 7HY, DX 135607 EXETER 16 . The UK Finance Lenders' Handbook for conveyancers in England and Wales. The latter is often referred to as a Professional Consultants Certificate (PCC).Whilst there are a number of warranty providers it is the NHBC Buildmark warranty that is the most universally adopted and which applies to around 80% of new build properties in the UK.Building Warranty Providers. 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. Head office: Lahnstein House, Gold Street, Kettering, Northants, NN16 8AP warranty providers. Type of membership: Member, Credit & Mercantile plc It must be administered by a professional consultant, like an architect. 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 . Type of membership: Member, Basinghall Finance PLC Type of membership: Member, Preferred Mortgages Ltd Q is an Appointed Representative of Steve Wassell Insurance Management Ltd which is authorised and regulated by the Financial Conduct Authority - Reg.