Undervalue transactions

Our standard acceptability

Acceptable

Criteria definition:

Indicates if a Buy to Let lender is able to potentially accept applications where the transaction constitutes an undervalue transaction.

Policy Notes:

We accept purchases at an undervalue providing it is not a 'distressed sale'. We will ask the solicitors to provide the appropriate indemnity as part of the conveyancing.

Criteria categories:
  • general
  • Policy

Last updated:

29 August 2018