Text for CQS CPMS Policy
CQS Policy: Mortgagee Protection Clause
Purchase this policy: Purchase of a Leasehold policy
- Change date
- 20/02/2025
- Word count
- 112
- Deployment measure
- 9/10
Rationale
Implications in light of Nationwide updating its requirements in the UK Finance Mortgage Lenders’ Handbook changes related to mortgagee protection clauses.
Lawyers must remain vigilant to lenders Part 2 changes and new requirements concerning the need for a deed of variation if the lease doesn’t include a Mortgagee Protection Clause. Nationwide
…
To view the full text: