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The latest paragraphs for you to consider including in your CQS CPMS Policy.

Text for CQS CPMS Policy

CQS Policy: Mortgage Protection Provision Required

Purchase this policy: Purchase of a Leasehold policy

Change date
24/03/2025
Word count
189
Deployment measure
8/10
Rationale

Draft wording covering a situation where the firm requires all residential leases to include a Mortgagee Protection Clause, with a Deed of Variation or alternative arrangements (such as a side agreement) pursued if necessary. Sets out various obligations in terms of reporting to borrower and lender clients.

This firm requires all residential leases to include a Mortgagee Protection Clause. If a lease does not contain this provision, we will require a Deed of Variation to incorporate an …

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