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.
0
Criteria definition:Indicates if we can potentially consider Buy to Let applications from applicants with unsatisfied Defaults and if so what the maximum allowable value of all registered against an applicant is. For example, applicant 'A' has 3 unsatisfied Defaults in the past 6 years totaling £1,230 and Lender 'A' says the maximum value they will allow is £500 registered on the applicants credit file. Therefore applicant 'A' would be unable to apply for a mortgage with Lender 'A' at this time. Other factors may also be factored in such as (but no limited to) total number registered and other adverse credit registered against the applicant.
Our policy notes:Family Building Society will not consider applicants with unsatisfied Defaults.
Last updated:23 March 2023
No Minimum
Criteria definition:Indicates if we have a minimum income requirement for Buy to Let applications and if so what it is.
Our policy notes:Family Building Society has no minimum income requirement.
Last updated:14 December 2018
No Minimum
Criteria definition:Indicates if we require a minimum amount of experience (IN MONTHS) when lending on Buy to Let applications
Our policy notes:Family Building Society has no minimum experience requirement for applicants.
Last updated:07 November 2019
No Minimum
Criteria definition:Specifies if there is a minimum number of months (if so how many) employed applicants must have been continuously employed on Buy to Let applications.
Our policy notes:Family Building Society has no minimum length of time applicants need to have been in continuous employment.
Last updated:07 November 2019
45000
Criteria definition:Indicates the minimum loan size (if there is one) that we accept for new applications.
Our policy notes:Our minimum loan is £45,000
31 May 2018
We do not lend on Ex Local Authority Flats
Criteria definition:Indicates if we can potentially lend on a ex-local authority flat/apartments and if so is there a minimum percentage in the block that must be privately owned when assessing Buy to Let applications.
Our policy notes:We do not lend on ex-local authority flats.
Last updated:07 November 2019
75000
Criteria definition:Indicates if we have a minimum property value they require for new Buy to Let applications.
Our policy notes:Our minimum property value is £75,000.
29 April 2026
55
Criteria definition:Indicates the minimum required lease remaining at date of application we can potentially accept.
The Society requires 50 years unexpired at the end of the mortgage term. The minimum term is 5 years.
Last updated:31 May 2018
50
Criteria definition:Indicates the minimum required lease remaining at the end of the mortgage term we can potentially accept.
The Society requires an unexpired lease term of 50 years at the end of the mortgage term.
Last updated:31 January 2018
5
Criteria definition:Indicates the minimum term a Buy to Let mortgage can be taken over.
Our policy notes:Our minimum term is 5 years.
31 May 2018
No Mortgage Arrears Accepted
Criteria definition:Indicates if we can potentially ignore mortgage arrears that are historic and if so at what point they can potentially be ignored when assessing Buy to Let mortgage applications.
Our policy notes:Family Building Society will not consider applicants with any mortgage arrears on their credit file.
Last updated:07 November 2019
Acceptable
Criteria definition:Indicates if we can potentially lend on single title multi-unit properties
Our policy notes:Family Building Society does lend on 'Multi Unit Freehold' properties up to 75% LTV
Last updated:30 July 2025
3
Criteria definition:Indicates the maximum number of units permitted on a single title multi unit property
Family Building Society does lend on 'Multi Unit Freehold' properties up to 75% LTV
Last updated:30 July 2025
No Minimum
Criteria definition:Indicates if there is a minimum square meterage requirement on a single title multi unit property
Our policy notes:There is no minimum floor area per unit. Property is valued as a single freehold unit.
Last updated:14 May 2026
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