Property Factors: Mine Shafts

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially lend on a property that is close to a mine shaft for residential applications.

Policy Notes:

Family Building Society can potentially consider lending on properties that are close to a mine shaft.

Warning Notes:

It is likely that we will ask to see a Mining Report as a condition of the mortgage offer and, it is the contents of that report, that will indicate whether there are any issues. Most reports don't highlight any issues as coal mining has usually ceased many years ago.

Criteria categories:
  • Property
  • property defects

Last updated:

25 March 2020