ESMA Residential Real Estate.Collateral.Occupancy Type

From Open Risk Manual

Definition of ESMA Residential Real Estate.Collateral.Occupancy Type

ESMA Residential Real Estate.Collateral.Occupancy Type

  • Member of Table: ESMA Residential Real Estate Collateral Table
  • ESMA Field Index: RREC7


Description

Type of property occupancy


Field Characteristics

Format

The field type / format is: LIST

Eligible Values

The following choices are available:

  • Owner Occupied i.e. owned by a private household with the purpose of providing shelter to its owner (FOWN)
  • Partially Owner Occupied (A property which is partly rented) (POWN)
  • Non-Owner Occupied or Buy-To-Let (TLET)
  • Holiday or Second Home (HOLD)
  • Other (OTHR)


No Data Options

  • The field can be empty under data options ND1-ND4
  • The field can be empty under data option ND5


No Data Options Legend

Option Explanation
ND1 Data not collected as not required by the lending or underwriting criteria
ND2 Data collected on underlying exposure application but not loaded into the originator’s reporting system
ND3 Data collected on underlying exposure application but loaded onto a separate system from the originator’s reporting system
ND4 Data collected but will only be available from YYYY-MM-DD (YYYY-MM-DD shall be completed)
ND5 Not applicable


Disclaimer

  • This text is generated automatically. Do not edit manually!
  • This information is provided as is. Refer to the ESMA Securitisation Template for pointers to definitive instructions