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Buy to Let Lending Criteria for exposure limits

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Lending criteria

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Exposure limits

Maximum exposure to any block of flats or development is limited to 25%. 
A maximum of 1 flat/unit will be acceptable as security in all buildings made up of 4 or less flats/units. The 25% exposure limit will also continue to apply for blocks greater than 4. 


 

Related Criteria

Buildings insurance
Cladding
Energy performance certificate
Flying freehold
Inherited properties
Inter-family purchase
Japanese knotweed
Loan and LTV limits for foreign nationals
Loan and LTV limits
Location
Min/max loan term
Mundic
Overriding interest
Portfolio lending limits
Pre offer/offer validity
Property above or below commercial
Solar panels
Steel framed properties
Tenure
Unacceptable properties for lending

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Information on this site is for use by authorised intermediaries only and should not be relied upon by anyone else.

Accord Mortgages Limited is authorised and regulated by the Financial Conduct Authority. Accord Mortgages Limited is entered in the Financial Services Register under registration number 305936. Buy to Let mortgages for business purposes are not regulated by the Financial Conduct Authority. Accord Mortgages Limited is registered in England No: 2139881. Registered Office: Yorkshire House, Yorkshire Drive, Bradford BD5 8LJ. Accord Mortgages is a registered Trade Mark of Accord Mortgages Limited.

References to ‘YBS Group’ or ‘Yorkshire Group’ refer to Yorkshire Building Society, the trading names under which it operates (Barnsley Building Society, Barnsley, Chelsea Building Society, Chelsea, Norwich & Peterborough Building Society, N&P and Egg) and its subsidiary companies.

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