“So What is a Professional Consultants Certificate (PCC)?”
What was once generally known as an Architect’s Certificate for newly built or converted property is now known as the Council of Mortgage Lenders (CML) Professional Consultants Certificate (PCC).
Lenders will generally only lend on a newly built (or newly converted) property where the property is covered by a warranty scheme (for example, NHBC warranty, Premier guarantee) or the CML Professional Consultant Certificate.
The CML Professional Consultant Certificate can only be signed by a consultant with one or more of the qualifications listed in section 6.6.4 of the Lenders’ Handbook, for example, Fellow or Associate of the Royal Institution of Chartered Surveyors (RICS). By signing the certificate the consultant confirms that he has designed and/or monitored the construction of the property and that he will remain liable to the owner and any lenders for a minimum of six years.
You’ll need this type of certificate if:
- You’re selling the property and your purchaser needs a mortgage
- You want to rent the property and raise a Buy-to-Let mortgage to release equity
Click on the links below for an example of a standard format certificate provided by the Council of Mortgage Lenders for your area.
England Scotland Northern Ireland Wales
The word ‘Warranty’ is used in the sense that a professional consultant undertakes to the financial lender that the property is secure from a structural viewpoint and complies with building regulations. This should not be mistaken for any form of Latent Defects Insurance.
The phrase ‘Architects Certificate’ is used in the terms of the above paragraph. Architects can provide other forms of certificate (e.g. for contract supervision), but the Council of Mortgage Lenders will only accept the new form of Professional Consultant’s Certificate for financial transactions, which can only be signed off by a properly insured Professional. If you require contract supervision or other architects certificate services we can re-direct you from this website to an architect in your area.