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    • Dave234
    • By Dave234 13th Apr 18, 5:17 PM
    • 7Posts
    • 1Thanks
    Dave234
    CRL warranty not accepted
    • #1
    • 13th Apr 18, 5:17 PM
    CRL warranty not accepted 13th Apr 18 at 5:17 PM
    Hi,

    I'm very close to buying a new build house but Lloyds TSB has come back at the last minute to say they do not accept CRL warranty certificates. Has anyone else come across this problem? Do you know if it is possible for the developer to change to a different warranty scheme?

    Several of the flats in the building are already occupied so presumably they are covered by the CRL warranty.

    Not sure why these issues always come up at 5pm on a Friday! Many thanks for any assistance with this.
Page 1
    • davidmcn
    • By davidmcn 13th Apr 18, 5:25 PM
    • 7,325 Posts
    • 7,365 Thanks
    davidmcn
    • #2
    • 13th Apr 18, 5:25 PM
    • #2
    • 13th Apr 18, 5:25 PM
    I'm very close to buying a new build house but Lloyds TSB has come back at the last minute to say they do not accept CRL warranty certificates.
    Originally posted by Dave234
    Are they sure?

    Their info in the CML Handbook says they do accept them:

    https://www.cml.org.uk/lenders-handbook/englandandwales/lloyds-tsb-scotland-plc/#C8922

    I would suggest you get your solicitor to query this.
    • Dave234
    • By Dave234 16th Apr 18, 11:12 AM
    • 7 Posts
    • 1 Thanks
    Dave234
    • #3
    • 16th Apr 18, 11:12 AM
    • #3
    • 16th Apr 18, 11:12 AM
    Apparently it is a very recent change. Solicitor is saying since they haven't updated the lenders handbook yet they need to still accept it. Hoping since we have already begun the process with the expectation that CRL was acceptable they will allow us to use it!
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