Knowledge Bank ©

Postcode / Location Acceptable Areas for Lending
What Areas of the Country/Postcode Areas do we lend in? Are applications considered for the islands surrounding the UK Mainland? If so, which are acceptable?

Properties affected by Mining
Will we consider lending against a property affected by Mining or in close proximity to a Mineshaft? If so, what is the policy on this?

Properties affected by Subsidence
Will we consider lending against a property affected by Subsidence? If so, what is the policy on this?

Properties Built On or In Close Proximity to Landfill
Will we consider lending against a property build on or in close proximity to Landfill? If so, what is the policy on this?

Property in an Historical Flood Zone (over 5 years)
Are properties which have flooded over 5 years ago acceptable? If so, what is the policy on this?

Property in an Historical Flood Zone (within last 5 years)
Are properties which have flooded within the last 5 years acceptable? If so, what is the policy on this?

Property in an Historical Flood Zone - Flooding of Neighbouring Properties Only
Are properties which are close to other properties which have flooded, but have not suffered flooding themselves, acceptable? If so, what is the policy on this?

Re-Type Valuations
Will we accept Re-Type Valuations?

Valuation Appeals
Will we allow the result of a Valuation to be Appealed? If so, what is the policy and process for this? I.e. is there a specific form, how many comparables are needed, in what distance from the security address and at what status etc?

Valuation Company
Which Valuation Company is the preferred Valuer for us?

Valuation Instructed on Application
Will we instruct a valuation immediately on application?

Valuation Types Available
What Types of Valuation is the Applicant able to arrange via us?