First Time Buyers Clause Samples
First Time Buyers. Applicants in rented accommodation Where applicants currently reside in rented accommodation, a landlord's reference may be sought by the Seller. In addition, if considered appropriate, a further reference may be taken in connection with any other property rented by the applicant(s) within the three preceding years.
First Time Buyers. Applicants in rented accommodation Where applicants currently reside in rented accommodation, a landlord's reference may be sought by the Seller. In addition, if considered appropriate, a further reference may be taken in connection with any other property rented by the applicant(s) within the three preceding years. 33 <PAGE> (d) Bank Reference A bank reference may be sought or the applicants may be required to provide bank statements in support of their application. 7. SCORECARD With the exception of some additional loans made to existing borrowers, the Seller uses some of the above criteria and various other criteria to provide an overall score for the application which reflects a statistical analysis of the risk of advancing the Loan. The score is used in conjunction with a number of policy rules to determine the lending decision. 34 <PAGE> SCHEDULE 5 POWER OF ATTORNEY IN FAVOUR OF FUNDING, THE MORTGAGES TRUSTEE AND THE SECURITY TRUSTEE THIS DEED OF POWER OF ATTORNEY is made on the [o], 20[o] by: (1) ABBEY NATIONAL PLC whose registered office is at Abbey National House, ▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇'▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇ ▇▇▇ (registered number 2294747) (the SELLER); in favour of each of: