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The Disclosure Form is designed to ensure that all financial and other key information relating to a transaction is contained in one place. To this end, the scope of the form has been extended beyond incentives to include information such as tenure type, method of construction and ground rents.
This form is designed to ensure full disclosure of the financial aspects of the transaction and key information about the property. It is not meant to be used to provide a valuation.
Financial disclosure is the process where you provide details of your income, assets and liabilities usually using a Financial Statement known as a Form E. The Form E is supported by documents which provide evidence/proof of the income, assets and liabilities that have been disclosed in the form.
The CML, also known as the Council of Mortgage Lenders Handbook, is a trusty handbook providing lender specific guidance to your solicitor, to assist with your conveyance.
The Disclosure Form is designed to ensure that all financial and other key information relating to a transaction is contained in one place. To this end, the scope of the form has been extended beyond incentives to include information such as tenure type, method of construction and ground rents.
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People also ask

CML refers to the Council of Mortgage Lenders and the CML certificate refers to a document that is provided by a warranty provider to confirm the property has passed a pre-handover inspection and is therefore habitable. Upon issue of the certificate, the mortgage lender will then release the funds.
A CML Certificate is granted where the consultant has supervised the building of the property and confirms that it has been built in accordance with the plans and to a satisfactory standard.
A CML Certificate is granted where the consultant has supervised the building of the property and confirms that it has been built in accordance with the plans and to a satisfactory standard.
This form is designed to ensure full disclosure of the financial aspects of the transaction and key information about the property. It is not meant to be used to provide a valuation.
The purpose of the form is to draw all the relevant financial information about the sale of newly built, converted and renovated property transactions into a single form. This will improve transparency and simplify the flow of information to all key parties involved in the transaction.

cml disclosure of incentives form 2023