Criteria A-Z

As we manually underwrite our mortgages we're much more flexible with our criteria than most. Using our common sense approach (and our ears!) means we can cater for a wide spectrum of solutions for your clients, no matter their circumstances.

Browse criteria by A-Z below or search criteria by keyword to find what you need.

Owner Occupier Criteria

Buy to Let Criteria

Address History (Min UK address history needed)

Our standard acceptability

Criteria definition:

This is the required number of months we specify a client has to have had a UK address history for.

Our policy notes:

We require a three year UK address history.

Our outside policy allowances:

We can consider applications from UK expatriates abroad without a three year UK address history. Please refer to the acceptable list of countries expatriates can be resident in which is located on our website.

Last updated:

31 May 2018

Check affordability Contact your BDM Illustration request

Advisor Own Application

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially accept Buy to Let applications from an advisor wishing to apply for his or her own mortgage.

Our policy notes:

Family Building Society can accept applications from advisors applying for their own mortgage.

Last updated:

07 November 2019

Check affordability Contact your BDM Illustration request

Age Limits: Maximum Age at End of Mortgage Term

Our standard acceptability

Criteria definition:

Indicates the absolute maximum age we will lend to.

Our policy notes:

This is the maximum age based on an 89 year old applying for a mortgage. The actual term for other ages depends on the age at application and the term we have from our term calulator available on our website.

Last updated:

31 May 2018

Check affordability Contact your BDM Illustration request

Age Limits: Maximum age for self employed borrowers

Our standard acceptability

Criteria definition:

Specifies the maximum age we can potentially consider on a but to let application for a self employed borrower

Our policy notes:

The minimum term the Society can consider on a Buy To Let application is five years. Therefore, our maximum age is 90 at the point of application.

Last updated:

09 December 2024

Check affordability Contact your BDM Illustration request

Age Limits: Minimum Age at Application

Our standard acceptability

Criteria definition:

The minimum age we will accept when assessing an applicant.

Our policy notes:

The minimum age of each applicant must be 18.

Last updated:

31 May 2018

Check affordability Contact your BDM Illustration request

Applicant not on electoral register

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we will consider a buy to let application for an applicant who is not on the electoral register

Our policy notes:

Family Building Society can consider an applicant who is not on electoral register

Last updated:

03 August 2022

Check affordability Contact your BDM Illustration request

Arrangement fees can be added when exceeding lending LTV limits

Our standard acceptability

Criteria definition:

Indicates if we allow borrowers to add the arrangement fee (where one is payable) to the mortgage advance where this will mean the max lending policy loan to value will be exceeded.

Our policy notes:

Family Building Society does not allow fees to be added where it means the lending loan to value limits will be exceeded.

Last updated:

09 February 2024

Check affordability Contact your BDM Illustration request

Arrangement fees can be added when exceeding product LTV limits

Our standard acceptability

Criteria definition:

Indicates if we allow borrowers to add the arrangement fee (where one is payable) to the mortgage advance where this will mean the product loan to value will be exceeded.

Our policy notes:

Family Building Society does not allow fees to be added where it means the product loan to value limits will be exceeded.

Last updated:

09 February 2024

Check affordability Contact your BDM Illustration request

Arrangement to Pay

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially accept applicants that have an arrangement to pay registered on their credit file on Buy to Let applications.

Our policy notes:

Family Building Society will not consider applicants that have an arrangement to pay registered on their credit file.

Last updated:

07 November 2019

Check affordability Contact your BDM Illustration request

Arrears (secured/mortgage)

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially accept Buy to Let applications from applicants that have a history of mortgage or secured loan arrears.

Our policy notes:

Any existing mortgage or secured loan must be up to date at the time of application. A maximum of one month’s arrears within the last 12 months will be allowed, provided the account is currently up to date. An explanation of any arrears will be required.

Last updated:

31 May 2018

Check affordability Contact your BDM Illustration request

Arrears (unsecured)

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we are able to potentially accept Buy to Let applications where one or more applicant(s) has a history of unsecured loan arrears.

Our policy notes:

Any existing mortgage/rent/loan must be up to date at the time of application. A maximum of one month’s arrears within the last 12 months will be allowed, provided the account is currently up to date. An explanation of any arrears will be required.

Last updated:

31 May 2018

Check affordability Contact your BDM Illustration request

Affordability Calculator

Find out how much your residential client may be able to borrow. To see affordability for a Buy to Let client, use our Buy to Let calculator

Find Your Local

Business Development Manager

Your Local BDM:

Sam Morrison

Working out of our head office, as our phone-based BDM in Epsom, Sam has a wealth of knowledge regarding our processes and criteria and covers a variety of postcodes across the UK.

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Your Local BDM:

Neil Cadwallader

Neil has over 19 years experience in Financial Services from pensions and investments to mortgages. Neil focuses around South Wales and the West of England area. Contact Neil for help with your clients' mortgages.

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Your Local BDM:

Stuart Heavens

Stuart focuses on the South Coast area. Contact Stuart for help with your clients' mortgages.

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Your Local BDM:

Amar Mashru

Amar focuses on the Central London area. Contact Amar for help with your clients' mortgages.

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Your Local BDM:

Arif Kara

Arif was previously a mortgage adviser, and focuses on North and West London. Contact Arif for help with your clients' mortgages.

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Your Local BDM:

Nathan Waller

Nathan, previously a mortgage broker, focuses on Cambridgeshire, East Sussex, Essex, Suffolk, Hertfordshire, Bedfordshire, Lincolnshire, Norfolk and Kent. Contact Nathan for help with your clients' mortgages.

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Your Local BDM:

Grace Bennett

Grace focuses around the West M25 area. Contact Grace for help with your clients' mortgages.

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Your Local BDM:

Darren Deacon

Darren has over 28 years' Financial Services experience and focuses on both the East and West Midlands as well as the Southwest. Contact Darren for help with your clients' mortgages.

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Your Local BDM:

Paul Roberts

Paul has over 30 years' experience and focuses on the North (inc. M62 corridor), Yorkshire and the North East. Contact Paul for help with your clients' mortgages.

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We do not currently have a BDM covering your area. Please contact our Mortgage Helpdesk:

Opening hours: Monday - Friday: 9am - 5.30pm. Saturday: Closed

We may record any telephone calls we have with you in the interest of staff training, monitoring customer service or for security purposes.

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