Family Sale at a discounted price

Where your client is purchasing from a family member at a discounted price we can accept applications up to 80% loan to value.

The discount on the purchase price must be a minimum of 20% of the property value and it must be a genuine discount and not subject to any future repayment or claw back. The family member must move out on completion and the property being purchased must be solely for your client to live in as their main residence.

A family member is defined as a parent; child; sibling; grandparent; grandchild; aunt; or uncle.

 

BDM Team April 2022 (1)

Call us today to discuss your case

Speak to our Telephone Business Development Team on 0121 521 4000 or email us and we'll call you back! Alternatively, you can find out who your local Business Development Manager is here.

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