Purchase applications where existing tenants will remain in the property
Our standard acceptability
Not Acceptable
Criteria definition:
Indicates if we can potentially accept situations where the property being purchased on a Buy to Let basis has an existing tenant who wishes to remain in the property and therefore vacant possession on completion would not exist.
Policy Notes:
Family Building Society does not accept situations on purchase applications where there is a tenant in situ at the property where it is the intention to allow them to remain as the ongoing tenant.
Criteria categories:- Policy
- tenancies
Last updated:
29 August 2018