What is the maximum property exposure?

  • No more than 25% or 2 units (whichever is the greater) exposure within a block of flats over 4 units.
  • For blocks of flats of 4 units or less, we can look up to 100% exposure within the block.
  • A charge on the freehold may be required in all cases where the applicant has a charge on the freehold and is looking to purchase/remortgage a leasehold unit within the block.
  • We will also monitor postcode exposure. Please refer for further details on concentration risk.