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

Historic CIFAS Record (Years)

Our standard acceptability

Criteria definition:

Indicates if we can potentially accept Buy to Let applications from an applicant that is on the CIFAS register and if so, what time must have passed in order for them to be potentially accepted by the lender for a new mortgage application.

Our policy notes:

Family Building Society can potentially accept customers that are registered on the CIFAS register. We require the applicant's registration date to be at least 3 Years ago.

Last updated:

07 November 2019

Check affordability Contact your BDM Illustration request

HMO BTL affordability assessment

Our standard acceptability

does not offer HMO BTL

Criteria definition:

This relates to the potential rental calculation we will apply.

Our policy notes:

Family Building Society does not accept Buy to Let applications

Last updated:

03 August 2023

Check affordability Contact your BDM Illustration request

HMO First Time Landlord

Our standard acceptability

We do not accept HMO applications

Criteria definition:

Indicates if we can consider a Buy to Let application on an HMO property from a first time landlord.

Our policy notes:

Family Building Society does not lend on 'Houses of Multiple Occupation (HMO)'.

Last updated:

31 May 2018

Check affordability Contact your BDM Illustration request

HMO Maximum LTV

Our standard acceptability

We do not accept HMO applications

Criteria definition:

Indicates the maximum LTV we can consider for Buy to Let applications on HMO properties

Our policy notes:

Family Building Society does not lend on 'Houses of Multiple Occupation (HMO)'.

Last updated:

31 May 2018

Check affordability Contact your BDM Illustration request

HMO Maximum Number of Bedrooms

Our standard acceptability

We do not accept HMO applications

Criteria definition:

Indicates if we have a maximum number of bedrooms allowed on HMO properties and if so how many

Our policy notes:

Family Building Society does not lend on 'Houses of Multiple Occupation (HMO)'.

Last updated:

31 January 2018

Check affordability Contact your BDM Illustration request

HMO Maximum Number of Kitchens

Our standard acceptability

We do not accept HMO applications

Criteria definition:

Indicates the maximum number of kitchens permitted by us in an HMO property

Our policy notes:

Family Building Society does not lend on 'Houses of Multiple Occupation (HMO)'.

Last updated:

31 May 2018

Check affordability Contact your BDM Illustration request

HMO Maximum Number of Storeys

Our standard acceptability

We do not accept HMO applications

Criteria definition:

Indicates the maximum number of storeys permitted on HMO properties.

Our policy notes:

Family Building Society does not lend on 'Houses of Multiple Occupation (HMO)'.

Last updated:

31 January 2018

Check affordability Contact your BDM Illustration request

HMO Minimum Applicant Experience

Our standard acceptability

We do not accept HMO applications

Criteria definition:

Indicates if we require applicants to have a minimum HMO experience and if so how much (IN MONTHS)

Our policy notes:

Family Building Society does not lend on 'Houses of Multiple Occupation (HMO)'.

Last updated:

31 May 2018

Check affordability Contact your BDM Illustration request

HMO Minimum Double Bedroom Square Metre

Our standard acceptability

We do not accept HMO applications

Criteria definition:

Indicates if we have a minimum square metreage requirement on a double bedroom and if so what it is.

Our policy notes:

Family Building Society does not lend on 'Houses of Multiple Occupation (HMO)'.

Last updated:

31 May 2018

Check affordability Contact your BDM Illustration request

HMO Minimum Property Value

Our standard acceptability

We do not accept HMO applications

Criteria definition:

Indicates if we specify a minimum property value for HMO properties and if so what it is.

Our policy notes:

Family Building Society does not lend on 'Houses of Multiple Occupation (HMO)'.

Last updated:

31 January 2018

Check affordability Contact your BDM Illustration request

HMO Minimum Single Bedroom Square Metre

Our standard acceptability

We do not accept HMO applications

Criteria definition:

Indicates if we have a minimum square metreage requirement on a single bedroom and if so what it is.

Our policy notes:

Family Building Society does not lend on 'Houses of Multiple Occupation (HMO)'.

Last updated:

31 May 2018

Check affordability Contact your BDM Illustration request

HMO rental valuation assessment

Our standard acceptability

We do not accept HMO applications

Criteria definition:

Indicates if we can potentially use the HMO rental valuation as opposed to standard AST valuation for HMO applications

Our policy notes:

We will not consider an HMO application

Last updated:

03 September 2020

Check affordability Contact your BDM Illustration request

HMO Unlicensed Acceptable

Our standard acceptability

We do not accept HMO applications

Criteria definition:

Indicates if we can potentially accept Buy to Let applications on Houses of Multiple Occupation (HMOs) that are 'unlicensed'

Our policy notes:

Family Building Society does not lend on 'Houses of Multiple Occupation (HMO)'.

Last updated:

31 January 2018

Check affordability Contact your BDM Illustration request

HMO: Communal area in the property

Our standard acceptability

We do not accept HMO applications

Criteria definition:

Indicates if we can potentially consider an HMO application without a communal area in the property

Our policy notes:

Family Building Society does not lend on 'Houses of Multiple Occupation (HMO)'.

Last updated:

14 May 2021

Check affordability Contact your BDM Illustration request

Holiday Lets

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially consider applications from borrowers that wish to Let the property on a Holiday Let basis.

Our policy notes:

Family Building Society will not consider 'Holiday Lets' on a Buy to Let basis.

Last updated:

22 May 2018

Check affordability Contact your BDM Illustration request

House of Multiple Occupation (HMO's)

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially accept Buy to Let applications on Houses of Multiple Occupation (HMOs)

Our policy notes:

Family Building Society does not lend on 'Houses of Multiple Occupation (HMO)'.

Last updated:

31 January 2018

Check affordability Contact your BDM Illustration request

House/Bungalow Maximum LTV (New Build)

Our standard acceptability

Criteria definition:

Indicates the maximum potential loan to value (LTV) we can accept where the property type is a NEW BUILD house/bungalow.

Our policy notes:

The maximum LTV the Society will lend up to on any BTL is 70%

Last updated:

31 May 2018

Check affordability Contact your BDM Illustration request

House/Bungalow Maximum LTV (Standard)

Our standard acceptability

Criteria definition:

Indicates the maximum potential loan to value (LTV) we can accept where the property type is a house or bungalow and it is NOT considered a new build.

Our policy notes:

The maximum LTV the Society will lend is 70%

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

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