We have two terms of business depending on whether your transaction is classed as “regulated” or “unregulated”.
Regulated: this is for all mortgages or remortgages where you or a family member will occupy more than 40% of the property e.g. residential purchases, remortgages, second homes etc.
Unregulated: this is for all mortgages or remortgages where you or a family member will occupy less than 40% of the property e.g. buy to let purchases, buy to let remortgages etc.
