Case Studies, Featured

Out of the box thinking to get MUFB over the line

22 November 2021

Nick Joelson


Small five unit MUFB was declined by lender as one unit was undersized. Our out-of-the-box thinking found a quick solution

Property type: Multi-Unit freehold block
Location: Edgware, London
Product: Small MUFB 2 Year Fixed

The Challenge

A broker reached out as he was experiencing challenges with a five-unit Multi-Unit Freehold Block (MUFB) in Edgware. A lender had declined the MUFB as one unit was under 25m2. He hoped we could quickly find a solution, as the client needed the case to complete as soon as possible.

The solution

Like the previous lender, units under 25m2 are also outside of our lending policy. However, after discussing the case with our underwriting team, a solution was found where we could exclude the unit from the valuation. All parties were happy and agreed to move forward.


Our out-of-the-box thinking meant we could make an offer and complete the case quickly. Both the client and the broker were thrilled with our service and how we went the extra mile.

The service from Landbay was superb and they seem to go the extra mile by thinking outside the box. For example, they have excepted a retype of a valuation from a previous lender who originally declined. This has saved time and money for the client.