Criteria guide

Ex-local authority

Ex-local authority properties are acceptable where:

  • The value of security exceeds £100k outside London and the South East and £150k inside London and the South East
  • The valuer deems the property to be acceptable to most lenders and readily saleable on a owner occupier basis.

London and the South East includes areas I&J using the NUTS definition – see the Region section for more detail.