Estate Rentcharges

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially lend on residential applications for freehold properties where 'Estate Rent Charge' clauses exist.

Policy Notes:

Family Building Society can potentially consider lending on freehold properties where exists an estate charge for the general upkeep and maintenance of any shared areas.

Warning Notes:

No onerous charges will be permitted and lending will be subject to valuer's comments.

Criteria categories:
  • general
  • Property

Last updated:

25 March 2020