Lender Handbook Updates: 2017 Overview
All mainstream lenders provide their instructions to property lawyers via the Part-2 Lender Handbook or BSA mortgage instructions. Understanding a specific lender’s requirements and keeping up-to-date with changes can be a time-consuming manual process, particularly given that individual requirements can change on a daily basis.
This free webinar focuses on some of the more important changes in 2017. It will also highlight trends that are emerging when it comes to lender behavior in particular in relation to certain types of ‘problematic properties’ for example: short leases, absentee landlords, defective leases etc.
The webinar is scheduled to last half an hour and will be split into four sections.
- Key statistics and figures in relation to Lender Handbook changes (for example most common sections changed etc)
- Significant Part 2 Changes in 2017
- Emerging Trends – examples of how lenders react to new and emerging risk by adapting their Part 2 requirements
- Demonstration of new Technologies are available to assist in Handbook compliance
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