Mortgage Centre, Greenock. Address and phone number on letter of instruction.standard documents will be issued with the letter of instruction.

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1 Ulster Bank Ltd < Back to handbook selection Part 1: Northern Ireland Last modified: 01/07/2017 Part 2: Ulster Bank Ltd Last modified: 23/08/2016 Print PDF Part 2 only 1.10aContact point for standard documents. Mortgage Centre, Greenock. Address and phone number on letter of instruction.standard documents will be issued with the letter of instruction. 1.10bContact point if standard documents are inappropriate May my firm act if the person dealing with the transaction or a member of his immediate family is the borrower? No. Your firm may act if a separate fee earner of no less standing or a partner within the firm acts for us. 3.3 What other documents are acceptable for verifying identity? The following documents are acceptable for both List A and List B: A valid full EC driving licence, Construction Industry tax exemption certificate issued by the Inland Revenue, Inland Revenue Tax Notification (issued in the past 12 months and valid for the current or next tax year) Do I get the valuation report?, we supply.

2 Contact point if assumptions stated by the valuer are incorrect. 4.2aContact point if re-inspection required. 4.2bWhere should the certficate of title be sent? Contact point if the seller has owned the property for less than 6 months aContact point if the seller is not giving adequate undertaking to comply with outstanding planning permission /building regulation condition bDoes the lender require an original/copy of the planning permission? 5.3.2cDoes the lender require an original/copy building regulation consents? 5.3.2dDoes the lender require certificates of lawful use or development/established use certificates? Contact point if the property is subject to restrictions which may affect its value or marketability aDo you lend on flying freeholds?, provided the loan is less than 90% of the valuation bDo you lend on freehold flats?, provided the loan is less than 90% of the valuation.

3 Contact point if the property comprises a flying freehold/freehold flat Do you lend in these circumstances? Do you lend in these circumstances? Do you lend in these circumstances? 5.6 Contact point if there is a restriction on use. 5.9 Contact point if borrower is not providing balance of purchase price from own funds/proposing to give second charge What minimum unexpired lease term do you accept? Mortgage Term plus 30 years Contact point for matters connected with the lease? Contact for service charge matters Do you accept indemnity insurance where the terms of the lease are unsatisfactory? Do you require a clear ground rent/service charge receipt to be sent to you?

4 Do you require a receipted copy of notice or evidence of service to be sent to you? aContact point if there is an absentee/insolvent landlord bDo you accept indemnity insurance if the landlord is absent or insolvent? aContact point if there are apparent problems with the management company bDo you require a management company share certificate to be sent to you? cDo you require a signed blank transfer form to be sent to you? dDo you require a management company's memorandum and articles of association to be sent to you? Contact point if unable to certify search entry does not relate. As detailed above in aDo you require the power of attorney to be sent to you?, a certified copy to be sent after completion bDo you require the statutory declaration of non-revocation of power of attorney sent to you?, a certified copy to be sent after completion Does the lender require me to report to them where the lease does not meet the UK Finance minimum requirements for leases of roof space for solar PV panels? Does the lender have additional requirements relating to leases of roof space for solar PV panels, and if

5 so, what are they? Contact point if borrower is not taking up the mortgage offer. 6.2 Contact if any discrepancies in property's description aContact point for any issues relating to purchase price bDo I have to report incentives? Contact point if I will not have control of the purchase price. 6.4 Contact point if vacant possession is not being given Contact point if property is let/to be let. We will not lend if the property is an HMO. You must advise us immediately if the property is an HMO as we may have to withdraw our offer Do you require counterpart/certified copy tenancy agreement to be sent to you? No What new home warranty schemes are acceptable to the lender? - NHBC - Zurich Municipal - Building Life Plans - Construction Register (CRL) - Global Home Warranties - Checkmate/Castle 10 - Build Assure New Homes Structural Defects Insurance (Aon Benfield) - Premier Guarantee - The Q Policy for Residential Properties, Bespoke Properties & Completed Properties

6 - Aedis Group Structural Warranties - Protek New Home Warranty Policy - Advantage Warranty - International Construction Warranties - Ark Residential New Build Latent Defects Insurance What New Home Warranty documentation should be sent to you? Guarantees and other relevant documents Should any assignments of building standards indemnity schemes be sent to us? Will you accept monitoring by a professional consultant? Do you require the professional consultant's certificate to be sent to you? Contact point if no agreement and bond for an unadopted road or sewer? Contact point if necessary easements are absent Contact point for enquiries on undertakings Who will you release any retentions (or instalments of the advance) to? The Borrower (unless written instructions are received from the Borrower to release the retention monies to a third party) 6.10 Contact point if property is affected by redevelopment and road proposals Contact point if pre-emption rights, resale restrictions, options etc will affect our security.

7 6.12 Contact point if property is affected by improvement/repair grant which will not be discharged. 7.3 Do you require a consent to mortgage from all occupants aged 17 or over? Consents are required from all occupants of the property aged 17 years and over, except children of the Borrower under the age of 26 years. 7.4 Contact point if doubts about accuracy of information disclosed. 8 May I also advise any of the specified third parties? No. With regard to 8.3 you must strongly recommend to anyone intending to occupy the property who is to execute a consent to mortgage that they should obtain independent legal advice and provide a copy of the Standard Mortgage Conditions. 9 Do you require the indemnity insurance policy to be sent to you? 9.2 What limit of indemnity insurance do you require? An amount equal to the value of the property 10.2aWill the mortgage advance be paid electronically or by cheque? Electronically. In the event of the borrower making a request to the Bank to add their conveyancers fees to the loan amount, the Bank will transfer these funds, by way of a separate transaction, on the day of completion. 10.2bWhat is the minimum number of days notice lenders require? 7 working days 10.2cWhat are the standard deductions made from the mortgage advance? CHAPS Fee 10.3 On a delayed completion, when and how is advance to be returned?

8 By CHAPS quoting Sorting Code Number and Account Number to arrive no later than the working day following the scheduled completion date. You must ensure all funds released to you, including the funds in respect of payment of your conveyancers fees are returned with the mortgage advance if completion is delayed Contact point if completion delayed? 10.6 How long can I hold the mortgage advance before returning it? See 10.3 above 10.7 What, if any, interest do you charge if return of the advance is delayed? Interest is calculated on the daily balance outstanding and will be charged at the interest rate applicable to the mortgage advance from the day the funds are released to the conveyancer until the day the funds are recredited to the Bank's account Contact point for release of retentions/mortgage advance instalments Where should the title deeds and documents be sent? Address provided in the Deeds Schedule Which documents must I send after completion? Please provide a copy of the Land Registry acknowledgement as soon as it is received. This can be faxed to Thereafter please forward the undernoted documents as soon as they are received - the original land certificate, the charge certificate and other relevant title deeds, as well as those mentioned herein, including any guarantee(s) referred to in the valuation/specialist report.if any matters delay the registration of our security, please let us know. If we have not received either the acknowledgement or the Title Deeds from you within three months, we will write to you for an update Contact point for requesting the deeds. Deeds Dispatch, PO Box 123, Greenock, PA15 1EF DX , Greenock 3 Telephone: Fax: Do you have a standard form of transfer/deed of covenant? No

9 Contact point for finding out the debt amount Do you require the transfer of equity to be sent to you? aContact point for obtaining execution of transfer equity? bWhat form of attestation clause do you use? Signed, sealed and delivered as a Deed for and on behalf of the Bank by a duly authorised signatory aContact point for application for consent to letting bDoes a copy of a proposed tenancy need to be sent to you? No, unless the proposed agreement fails to conform with the requirements set out in the Offer of Loan Contact point for confirming proposed deed or agreement will adversely affect you aWhere should the deed of variation be sent? bWhere should the deed of rectification be sent? cWhere should the deed of easement be sent? 17.1 Contact point for requesting redemption statement? UB Statement Team, PO Box 123, Greenock, PA15 1EF DX , Greenock 3

10 Telephone: Fax: