Is there some definition of permanent primary residence for the purpose of an RML?
For the purposes of the RML Scheme, permanent primary residence refers to the self acquired, self occupied residential property where a person spends majority of his time. Factors that may be relevant in this regard include the address used for general correspondence, utility bills, bank statements, tax return, bank accounts and banking relations etc. However, the facts and circumstances shall be considered for the purpose of determining that the residential property is the permanent primary residence of the borrower.
