Solicitor panel policy change

HSBC UK Bank changed 1 Part 2 answer

Region
England and Wales
Change date
Handbook
UK Finance Part 2
Tags Deed of variationGround rentIndemnity insuranceLeaseholdTenure: leasehold

Summary

HSBC rewrote its ground rent requirements for England and Wales, removing the £250 (£1,000 in Greater London) cap, the separate new-build 0.1% limit and the AST and indemnity policy provisions. Leases granted after 30 June 2022 are now limited to a peppercorn rent, and ground rents outside the acceptable criteria now require a deed of variation.

Check the lender’s current requirements before you rely on this summary.

Questions changed

1 question
  1. 5.14.9If different from 1.11, contact point for matters connected with the lease

Activity trends

Published changes per month, December 2024 to November 2026

Leasehold 164 in 24 months
All lenders, England and Wales
Show as table
MonthChanges
Dec 20243
Jan 20252
Feb 202512
Mar 20255
Apr 20255
May 20254
Jun 20255
Jul 20255
Aug 20254
Sep 20258
Oct 20257
Nov 202512
Dec 202512
Jan 202621
Feb 202616
Mar 202612
Apr 20265
May 202612
Jun 20266
Jul 20265
Aug 20261
Sep 20261
Oct 20261
Tenure: leasehold 107 in 24 months
All lenders, England and Wales
Show as table
MonthChanges
Dec 20241
Jan 20252
Feb 20258
Mar 20253
Apr 20253
May 20251
Jun 20251
Jul 20252
Aug 20253
Sep 20253
Oct 20253
Nov 20258
Dec 20259
Jan 202617
Feb 202614
Mar 20267
Apr 20262
May 202611
Jun 20263
Jul 20264
Aug 20261
Sep 20261
Indemnity insurance 82 in 24 months
All lenders, England and Wales
Show as table
MonthChanges
Jan 20251
Feb 20256
Mar 20253
Apr 20252
Jun 20251
Jul 20252
Aug 20253
Sep 20254
Oct 20256
Nov 20256
Dec 20257
Jan 20268
Feb 202612
Mar 20264
Apr 20262
May 20268
Jun 20261
Jul 20263
Aug 20263
HSBC UK Bank 40 in 24 months
All regions Month of this change
Show as table
MonthChanges
Jun 20253
Aug 20251
Sep 20253
Oct 20251
Nov 20251
Jan 20264
Mar 20263
May 20261
Jun 20262
Jul 20264
Aug 20263
Sep 20268
Oct 20263
Nov 20263
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