Mortgage instructions

For those property transactions involving a mortgage, conveyancers and solicitors acting for lenders will usually follow standard conveyancing instructions and any specific requirements as set out by the lender providing the mortgage.

 

The BSA introduced mortgage instructions (occasionally referred to as the BSA Handbook) for its members on 1 January 2010, ensuring that all its members have access to a full set of standard instructions. 

 

The BSA Mortgage Instructions are currently being used by 28 lenders.

 

There are full conveyancing instructions for each of the following UK jurisdictions: England and Wales; Scotland; and Northern Ireland. 

 

The BSA Mortgage Instructions comprise of two sections: a core set of mortgage instructions; and specific requirements setting out individual lenders’ policies.

 

For more information on the BSA Mortgage Instructions please view our FAQs section:

 

 

Further information relating to requirements for newly built (or convereted) properties, including disclosure of incentives and warranty scheme requirements can be accessed via the link below:

 

 

If you have a question regarding the purpose or structure of the BSA Mortgage Instructions, or if you are experiencing technical difficulty with the instructions, please contact the BSA at the following address: paul.broadhead@bsa.org.uk
 

PLEASE NOTE WE ARE NOT ABLE TO ADVISE OR COMMENT ON SPECIFIC LENDING REQUIREMENTS.

If you are a conveyancer and have a query on any of the requirements in the Instructions, you must contact your instructing lender – the BSA can not help you on these issues.