Application for an account for holding security in connection with a Licence for Alterations, Access or Scaffolding.
Completing the Application Form
This form can be completed by anyone involved in the project. We suggest that the person best placed to complete the form is one of the surveyors or the developer as they should have most of the information.
You will need to enter all the required information before you will be able to submit this application. Required information that you may not have readily to hand includes:
- Property title numbers from HM Land Registry,
- Company registration number(s) and registered office address(es),
- Company contact details and email address,
- Full names and email addresses for Neighbouring Owners,
- Details of the “Third Surveyor” if one has been selected.
We are usually able to set up the holding facility within three working days of receiving all the required information.
Save and continue later – WARNING
Using the option to save and continue later will store potentially private and sensitive data on our server so we strongly advise that you only use it if you are using a personal computer over a secure network. In particular we advise that you DO NOT enter bank details until you are ready to submit the form. On submission all data is encrypted and will not be accessible via our website. Our security policy has been approved by FCA and can be viewed here.
We need bank details of the Person Giving Security (PGS) and the form provides for you to enter them here or to submit them separately. You can use a secure, encrypted email service at www.sendinc.com. This is a free service hosted in the USA. Only the name of the bank and the name of the account will be shown on the documents issued to the Parties, PGS and Surveyors. The sort code and account number will remain confidential.
FUNDS CAN ONLY BE ACCEPTED FROM AND PAID INTO UNITED KINGDOM BANK ACCOUNTS. If you are in any doubt check the IBAN number of your bank which should be on your statements. A UK bank’s IBAN number will start with GB.
Once the Security Sum has been transferred we will obtain confirmation from our bank that the funds have come from the account given. When the time comes for the Security Sum to be released it will only be returned to the account from which it came so please bear this in mind if you are intending to change banks while we are holding security.
The information submitted will be held by us in accordance with the data protection requirements of the Information Commissioner’s Office and will not be passed to any third party except when required to comply with the Money Laundering Regulations or other due diligence procedures as set out in our Terms and Conditions.