The Buildoffsite Property Assurance Scheme (BOPAS) evaluates buildoffsite organisations against best practice in terms of competency, configuration management, procurement arrangements and process control, across their business and on a project specific basis.
The scheme aims is to give assurance to the lenders that ‘innovatively’ constructed properties, against which they may be lending:
- will be sufficiently durable to be readily saleable throughout the duration of two mortgage terms
- and that the structural integrity will not have a negative impact on the mortgage security during that term.
Download the guidance document to learn about the requirements that need to be met to achieve BOPAS accreditation.