mortgage lending value definition
mortgage lending value means the value of immovable property as determined by a prudent assessment of the future marketability of the property taking into account long-term sustainable aspects of the property, the normal and local market conditions, the current use and alternative appropriate uses of the property;
mortgage lending value means, for the purposes of immovable property, the mortgage lending value as defined in point (74) of Article 4(1) of Regulation (EU) No 575/2013;
mortgage lending value means, for the purposes of immovable property, the mortgage lending value as defined in point (74) of Article 4(1) of the CRR;
More Definitions of mortgage lending value
mortgage lending value means, for the purposes of real estate property, the mortgage lending value as defined in point (74) of Article 4(1) of Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No. 648/2012 (hereinafter referred to as “Regulation 575/2013/EU of the European Parliament and of the Council”);
mortgage lending value means the value of the property as determined by a prudent assessment of the future marketability of the property taking into account long- term sustainable aspects of the property, the normal and local market conditions, the current use and alternative appropriate uses of the property. Speculative elements shall not be taken into account in the assessment of the mortgage lending value. The mortgage lending value shall be documented in a transparent and clear manner.