EBA NPL.Property Collateral.Purpose of Property
From Open Risk Manual
Contents
Definition of Property Collateral / Purpose of Property
Property Collateral.Purpose of Property: Purpose of the Property
- EBA Field Index 11.006
- Documentation Entry 281
Description
"Purpose of Property" is the purpose of the property, e.g. Investment property, owner occupied, Business Use, etc..
Field Characteristics
The field type is a Choice field. The following choices are available:
- (a) Investment property
- (b) Owner occupied
- (c) Buy-to-let
- (d) Other
The field's importance for the Loan Tape is Important.
The field belongs to the EBA NPL Property Collateral Table.
The field applies to 4 of the 7 EBA NPL Asset Classes. It does not apply to Unsecured Loans, Auto Loans, Leasing / Asset Backed Finance,
The field is applicable to all borrower types.
The field is Not Confidential
Disclaimer
- This text is generated automatically. Do not edit manually!
- This information is provided as is. Refer to the EBA NPL Template for pointers to definitive instructions
