Lender Approval

LABC Warranty has been developed in conjunction with the Local Authority Building Control and designed to provide developers and individuals working with their Local Authority a credible Latent Defect/Structural Warranty product, which caters for their needs. LABC Warranty is a trading name of MD Insurance Services Limited.

All the schemes marketed by LABC Warranty are managed by MD Insurance Services Limited (FSA IRN FRN 306947), underwritten by AmTrust Europe Limited. AmTrust Europe Limited is authorised and regulated by the Financial Conduct Authority and has an A.M. Best financial strength rating of 'A', London, WC1B 5HA.

LABC Warranty has confirmation from the following lenders that the LABC New Home Warranty is acceptable to them (Lender Approval PDF version):

A
Accord Mortgages Ltd
Adam & Company
Adam & Company International
Aldermore Bank PLC
Allied Irish Bank (GB), a trading name of AIB Group (UK)
Aviva Equity Release UK Ltd

B
Bank of Ireland (UK) plc
Bank of Ireland as Bank of Ireland Mortgages
Bank of Scotland Beginning A
Bank of Scotland Beginning O
Barclays Bank as The Woolwich
Barclays Bank Plc as Standard Life Mortgages
Barnsley Building Soc, a trading name Yorkshire Building Soc
Birmingham Midshires
Bradford & Bingley Plc
Britannia, a trading name of The Co-operative Bank plc
Buckinghamshire Building Society

C
Chelsea Building Society (a trading name of Yorkshire BS)
Cheshire Building Society
Clydesdale Bank plc
Co-operative Bank plc
Coutts
Coutts Finance Co
Coventry Building Society

D
Darlington Building Society
Derbyshire Building Society
Derbyshire Home Loans
Dudley Building Society
Dunfermline Building Society

E
Earl Shilton Building Society
Ecology Building Society

F
Furness Building Society

G
Godiva Mortgages Ltd

H
Halifax
Halifax Loans Ltd
Hinckley and Rugby Building Society
HSBC Bank plc

I
Intelligent Finance

ITL Mortgages

K
Kent Reliance (a trading name of OneSavings Bank plc)

L
Lloyds Bank plc pre fixed 20/40
Lloyds Bank plc pre fixed 50/30/77
Lloyds TSB Scotland plc

M
Magellan Homeloans
Market Harborough Building Society
Metro Bank plc
Monmouthshire Building Society
Mortgage Express

N
National Westminster Bank plc
Nationwide Building Society
New Life Mortgages Ltd
NRAM plc

P
Paragon Mortgages (2010) Ltd
Platform Home Loans Ltd
Precise Mortgages (Charter Court Financial Services Ltd)
Principality Building Society

S
Santander UK plc
Santander UK plc for Alliance & Leicester mortgages only
Scottish Widows Bank plc
Skipton Building Society
St James Place Bank
State Bank of India UK
Swansea Building Society

T
Tesco Bank (a trading name of Tesco Personal Finance plc)
The Mortgage Business
The Mortgage Works
The Royal Bank of Scotland plc
The Royal Bank of Scotland plc Direct Line Mortgages
The Royal Bank of Scotland plc Direct Line One
The Royal Bank of Scotland plc First Active
The Royal Bank of Scotland plc Natwest one Account
The Royal Bank of Scotland plc One Account
The Royal Bank of Scotland plc Virgin One
The Tipton & Coseley Building Society
TSB Bank plc

U
UCB Home Loans Corporation Ltd

V
Virgin Money plc

Y
Yorkshire Bank Home Loans Ltd
Yorkshire Building Society

The following lenders ask for warranty approval enquiries to be referred to them directly for consideration on a case by case basis:

  • Irish Permanent International
  • Rooftop Mortgages Ltd

Further confirmation of Lender approval of LABC Warranty for is available under section 6.7 of the CML Lender's Handbook. This can be accessed on-line via www.cml.org.uk/cml/handbook.

If you have any queries relating to lender approval, please call us on 0845 054 0505.