Professional Consultant Certificates are an ideal quick and cost-effective solution for securing mortgage lending on newly built or renovated properties.
With the call for increased building safety, Professional Consults Certificates are now more important than ever.
#1. Professional Consultants Certificates are vital for securing mortgages or newly built or converted properties – both for individuals who wish to sell their property and want to secure their purchaser a mortgage and those who want to rent a property and raise a buy-to-let mortgage to release equity. Mortgage lenders will only release the funds where the property is covered by a warranty scheme or The Council of Mortgage Lenders (now referred to as the UK Finance Mortgage Lenders) Professional Consultants Certificate (PCC).
#2. The PCC was formerly known within the industry as an Architects certificate. This can lead to some confusion when purchasing.
#3. Your professional consultant can provide you with a letter that confirms they will be supervising all building work. This is sometimes required by the mortgage lender.
#4. Your professional consultant must belong to a professional body such as the Royal Institution of Chartered Surveyors, so you can be sure to trust your certificate. They must also have their own professional indemnity insurance that can be enforced throughout the certificate’s lifetime – usually a minimum of six years.
#5. There are two types of service – monitoring and retrospective. For developments that have not yet been built, the monitoring service gives interim certificates as the project goes along. If the building work has already been completed then you require a post-completion ‘retrospective’ service.
#6. Buildings are certified with a copy of the provider’s Professional Indemnity Insurance – with buildings valid up to 3 million at Professional Consultants Certificate!
#7. Your professional consultant certificate is personally supervised and signed off by a chartered accountant, guaranteeing quality assurance.
#8. Evidence will need to be provided for your case to secure your certificate – this includes project drawings, planning consent and in some cases copies of the building regulations completion certificate.
#9. Detailed case management systems are provided with your certificate – allowing you to review and monitor progress at every step of the way.
#10. Although new home warranties are available, PCC is a much more cost-effective option for providing mortgage-ready certification for newly built properties. Find out why a professional consultant certificate is an ideal solution for you, here.
We pride ourselves in delivering quick and effective professional consultant certificates that comply with the UK Finance Mortgage Lenders Handbook. Based in the Midlands, we can service individuals nationwide with ease.
We offer discounts for multiple dwellings on the same building site, so get in touch today to see how Professional Consults Certificates work. Get started now by reading through our F&Qs or calling us free on 0800 404 5804 or filling out our quick quote form.
We have helped thousands of people achieve certification.
Whether you have one or multiple properties, have not yet commenced construction, are part way through construction or have completed your project, we can help.
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