Text for CQS CPMS Policy

CQS Policy: Side Agreement in Absence of Mortgage Protection Provision in Lease

Purchase this policy: Purchase of a Leasehold policy

Change date: 24/03/2025
Word count: 205
Deployment measure: 9/10

Rationale

For firms whose Purchase of Leasehold policy accepts side agreements as an alternative to a Deed of Variation in the absence of a Mortgagee Protection Clause, this provision sets out the template wording.

Dear Sir/Madam Re: <insert applicant name and security address> Leaseholder: Borrower: Landlord: Property: Lease: Lender: Mortgage Account No: {Name of Lender} ‘The Lender’ has been asked to provide a mortgage …

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CQS Policy: Side Agreement in Absence of Mortgage Protection Provision in Lease

Did a property problem come to light after you bought?

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