Property Factors: Next to Commercial (Sui Generis)
Our standard acceptability
Indicates if we can potentially lend on a property where it borders 'Sui Generis' commercial premises. Certain uses do not fall within any use class and are considered 'sui generis' (Lit. Unique / of its own kind). Such uses include: theatres, houses in multiple occupation, hostels providing no significant element of care, scrap yards. Petrol filling stations and shops selling and/or displaying motor vehicles. Retail warehouse clubs, nightclubs, launderettes, taxi businesses, amusement centres and casinos.
Family Building Society will not lend on properties that border class 'Sui Generis' commercial premises.
Criteria categories :
08 November 2018