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

Text for CQS CPMS Policy

CQS Policy: Borrower is a Charity

Purchase this policy: Dealing with Lenders Policy

Change date
07/11/2023
Word count
374
Deployment measure
8/10
Rationale

Draft section specifically dealing with the policy and procedures when the borrower charity (exempt or registered)

If the Borrower and/or Mortgagor is a charity (exempt or registered) you must ensure that you obtain a copy of its governing documentation (in the case of a registered charity the documentation that has been registered with the Charity Commission) …

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