Property Construction: Mundic block
Our standard acceptability
Indicates if a Buy to Let lender can potentially accept applications on properties where the construction type is Mundic block.
Our general stance is we won't lend on properties where the construction, or part of the construction, is from Mundic block.
Please refer for individual consideration with the address of the property and any existing reports that may assist the underwriter in making a decision.
in areas where "mundic" is a known problem (properties built from
concrete blocks laid onto mass concrete foundations) must be subject to a
screening test in line with RICS guidance. A result of Class A1, A2 or A3 is
required for a property to be considered acceptable.
- property construction
29 August 2018