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