# The Building Societies (Residential Use) Order 1987, Article 3: Residential use


For the purposes of section 11(2)(b) of the Act (which requires land upon which a class 1 advance is secured to be for the residential use of the borrower), land is for the residential use of the borrower if either of the following requirements is satisfied—
(a) that all of the land is for the residential use of the borrower; or
(b) that the residential area within that land is not less than forty per cent of the total area of that land.

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Source: https://www.legislation.gov.uk/uksi/1987/1671/article/3 (the official version)
Page: https://openlegislation.uk/building-societies-residential-use-order-1987/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.