Back to back (Purchase - Part Exchange)
Our standard acceptability
Back to back is typically where the vendor has owned the property for less than six months, or remortgages where they've owned the property for less than six months.
In the case of Back to back (Purchase - Part Exchange), it indicates if we are able to potentially accept applications for purchases where the current owner took the property as a part exchange on a previous sale. An example would be where a builder sold a property to someone and took their property as a part exchange and now wishes to sell that property and the part exchange falls within the last 6 months.
We do not accept back to back remortgages.
- back to back transactions
29 August 2018