Registered Limited Companies including those set up with the specific purpose of buying property (SPVs). Related words: special purpose vehicle
Insolvency
Not accepted. Related words: unacceptable adverse
Winding-up petitions
Not accepted. Related words: unacceptable adverse
Bankruptcy orders
Not accepted. Related words: unacceptable adverse
Secured / unsecured arrears
Normally up to date and no more than status 3 ever and explanation provided as to the background of the arrears event. Accounts currently in arrears can be considered, subject to there being a satisfactory explanation and rationale to support the arrears event. Related words: acceptable adverse, accepted
Defaults
Must normally be satisfied or settled in full and explanation provided as to the background for the arrears event. Unsatisfied defaults can be considered, subject to there being a satisfactory explanation and rationale to support the arrears event. Related words: acceptable adverse, accepted
County Court Judgement (CCJ)
Must normally be satisfied or settled in full and explanation provided as to the background for the arrears event. Unsatisfied CCJ’s can be considered, subject to there being a satisfactory explanation and rationale to support the arrears event. Related words: acceptable adverse, accepted
Debt Management Plan (DMP)
Not accepted. Related words: unnacceptable