Solicitor panel policy change

HSBC UK Bank changed 1 Part 2 answer

Region
England and Wales
Change date
Handbook
UK Finance Part 2

Summary

HSBC added transfer of equity requirements in England and Wales: you must obtain a redemption figure, make sure there are enough funds, and use the funds sent on receipt of the Certificate of Title to repay the existing mortgage. If HSBC holds the existing mortgage you must return the funds, and HSBC will release its charge by eDS1.

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

Questions changed

1 question
  1. 16.3.1Does the lender have a standard form of transfer/deed of covenant?

Activity trends

Published changes per month, December 2024 to November 2026

HSBC UK Bank 40 in 24 months
All regions Month of this change
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MonthChanges
Jun 20253
Aug 20251
Sep 20253
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Nov 20251
Jan 20264
Mar 20263
May 20261
Jun 20262
Jul 20264
Aug 20263
Sep 20268
Oct 20263
Nov 20263
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