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.

Take a look at what we have to offer
Buy to Let Criteria
Energy Performance Rating (EPC) rating 'F' or 'G'

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially offer Buy to Let mortgages on properties that have an EPC rating of 'F' or 'G'

Our policy notes:

Family Building Society will not offer Buy to Let mortgages on properties that have an EPC rating of 'F or 'G'.

Last updated:

07 November 2019

Escalating Ground Rents

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially lend on Buy to Let applications for leasehold properties that have an escalating ground rent clause.

Our policy notes:

Family Building Society will not lend on leasehold properties where an escalating ground rent clause exists.

Last updated:

07 November 2019

Estate Rentcharges

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially lend on Buy to Let applications for freehold properties where 'Estate Rent Charge' clauses exist.

Our policy notes:

Family Building Society will not lend on freehold properties where exists any estate charge obligations against the purchaser.

Last updated:

07 November 2019

Expat Buy to Let

Our standard acceptability

Acceptable

Criteria definition:

Our policy notes:

We can accept applications from expatriates from a restricted list of countries, as follows:

Austria, Belgium, Bulgaria, Canada, Cyprus, Czech Republic, Denmark, Estonia, Finland, France (including Mayotte, New Caledonia, French Polynesia, Saint Pierre and Miquelon and Wallis and Futuna) , Germany, Greece, Hong Kong, Hungary, Ireland, Israel, Italy, Japan, Kingdom of the Netherlands (The Netherlands, Aruba, Curacao, Sint Maarten, Bonaire, Sint Eustatius and Saba), Latvia, Liechenstein, Lithuania, Luxembourg, Malta, Malaysia, New Zealand, Norway, Poland, Portugal, Romania, Singapore, Slovak Republic, Slovenia, South Korea, Spain, Sweden, Switzerland, United Kingdom (including UK Crown Dependencies), and United States.

A note for our packager partners
In addition, the Society has agreed a policy through our packager partners for lending to expats in China, India, Monaco, Oman, Kuwait, Qatar, Saudi Arabia, South Africa, and United Arab Emirates on an exceptional basis, but will be subject to an additional requirement:

•The monthly mortgage payments should be made from a UK bank account from where any rental payments are received.

We will also consider applications through our packager partners for lending to expats in China, India, Monaco, Oman, Saudi Arabia and South Africa, subject to stricter requirements including:
•Any deposit monies are paid from or evidenced as held within a UK bank account
•Applicants must be working for recognised large organisations that have a UK presence.

Our outside policy allowances:

Applications for UK expats resident in India, Kuwait, Malaysia,Saudi Arabia and the UAE can be accepted through authorised packagers only.

Last updated:

31 July 2020

ExPat Deposit source non-UK

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can accept deposits that have originated outside of the European Economic Area (EEA) as an acceptable source of deposit for Expat Buy to Let applications.

Our policy notes:

Family Building Society will not consider expat applications where the source of deposit does not originate from the UK.

Last updated:

07 November 2019

Expat minimum income

Our standard acceptability

No Minimum

Criteria definition:

Indicates if a lender has a minimum income requirement when assessing expat applications and if so what is it

Our policy notes:

Family Building Society has no minimum income.

Last updated:

06 November 2018

Expat Regulated Buy to Let (Let to Family Member)

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if a lender can consider expat buy to let applications where the intention is to Let to a family member

Our policy notes:

Family Building Society does not accept Buy to Let mortgages from Expat applicants where the property will be Let to Family Member(s)

Last updated:

31 January 2018

Expat UK Credit Profile Required

Our standard acceptability

No

Criteria definition:

Indicates if a lender requires expats to have a UK credit profile

Our policy notes:

Family Building Society does not require 'Expat' applicants to have a UK credit profile

Last updated:

11 December 2019

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:

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:

Michelle Parry-Bunter

Michelle has worked for the Society for over a decade and focuses on the South Coast. Contact Michelle 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 & 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 & 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: Mon - Fri: 8am - 5.30pm, Sat: 9am - noon

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