Property Ownership: Tenancy in Common with Unequal Shares
Our standard acceptability
Acceptable
Criteria definition:
Indicates if we can potentially lend on residential applications on properties where the joint ownership is set up on a tenants in common basis where each owner has an unequal share. For example, Applicant 'A' owns 70% of the property and Applicant 'B' owns 30%.
Policy Notes:
Family Building Society will consider joint applications where the property ownership will be as tenancy in common with unequal shares.
Criteria categories:- Property
- property ownership
Last updated:
25 March 2020