At the time of application the customer must have owned the property for a minimum of 6 months. There is no minimum period of ownership when a property has been inherited.
Inherited properties
There is no minimum period of ownership when a property has been inherited.
Overriding interest
We will not consider applications where:
The property is being sold by a family member at a discounted price.
A previous owner retains an interest in the security.
Any tenant retains or may acquire an overriding interest in the property.