Criteria A-Z

Our standard acceptability

Yes

Criteria definition:

Indicates if we require an EWS1 certificate for properties with combustible cladding or materials on balconies

Our policy notes:

Family Building Society will not lend on properties with combustible cladding or materials on balconies without a EWS1 form

Last updated:

09 July 2021

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially accept properties where there exists a flying freehold.

Our policy notes:

Flying freeholds are acceptable providing they don't exceed more than 20% of the floor area and the valuer confirming that the presence of the flying freehold will not adversely affect saleability, and the Solicitor confirming that the Title Deeds contain adequate rights of shelter and support plus arrangements for maintenance and repair.

Last updated:

31 May 2018

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially consider properties where the construction type is Insulating concrete form (ICF)

Our policy notes:

Family Building Society will not lend on properties where the construction type is Insulating concrete form (ICF)

Last updated:

16 September 2020

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially consider properties where the construction type is Large Panel System (LPS)

Our policy notes:

Family Building Society will not lend on properties where the construction type is Large Panel System (LPS)

Last updated:

15 January 2021

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially able to accept Buy to Let applications on properties that have majority flat roof. We classify 'majority' as anything over 50%.

Our policy notes:

These are not acceptable.

Last updated:

31 May 2018

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially accept applications on properties where the construction type is Modern method of construction (MMC).

Our policy notes:

Not normally accepted but considered on a case by case basis. These need to be referred to an underwriter to be assessed on a case by case basis.

Our outside policy allowances:

Please refer cases of good loan to value for consideration as an exception.

Last updated:

31 May 2018

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially accept applications on properties where the construction type is Mundic block.

Our policy notes:

Our general stance is we won't lend on properties where the construction, or part of the construction, is from Mundic block.

Our outside policy allowances:

Please refer for individual consideration with the address of the property and any existing reports that may assist the underwriter in making a decision.

Last updated:

31 May 2018

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially accept applications on properties where the construction type is No-Fines.

Our policy notes:

Wimpey No Fines construction (providing in good condition) is acceptable.

Last updated:

31 May 2018

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially accept NON repaired prefabricated reinforced concrete as suitable security for lending purposes.

Our policy notes:

These are not acceptable.

Last updated:

31 May 2018

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially consider properties where the construction type is Off site manufactured (MMC)

Our policy notes:

Family Building Society will not lend on properties where the construction type is Off site manufactured (MMC)

Last updated:

16 September 2020

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially consider Potton Home properties

Our policy notes:

Family Building Society can potentially lend on a Potton Home property

Last updated:

16 September 2020

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially accept repaired prefabricated reinforced concrete as suitable security for lending purposes.

Our policy notes:

Pre-fabricated reinforced concrete construction (PRC) May be considered if the property has been repaired by PRC Homes with a brick external skin and has the benefit of a 60 year guarantee, and the Valuer confirms property is readily saleable. NB. If the property is either semi-detached or terraced, all properties in the row must have been repaired.

Last updated:

31 May 2018

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially consider single skin properties

Our policy notes:

Family Building Society can potentially lend on single skin property subject to valuer's comments.

Last updated:

09 July 2021

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially accept steel framed properties as suitable lending security.

Our policy notes:

These are not acceptable.

Last updated:

31 May 2018

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially consider properties where the construction type is Structural Insulated Panel Solutions (SIPs)

Our policy notes:

Family Building Society will not lend on properties where the construction type is Structural Insulated Panel Solutions (SIPs)

Last updated:

16 September 2020

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially accept properties that have any element of a thatched roof.

Our policy notes:

These are acceptable.

Last updated:

31 May 2018

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially accept timber framed properties.

Our policy notes:

Timber frame dwellings that are listed as Tudor buildings or those built after 1965 are acceptable.

Last updated:

30 March 2022

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially lend on a property that is of Timber-Framed construction built between 1900 to 1970 for Buy to Let applications.

Our policy notes:

Family Building Society will not lend on properties that are a timber frame construction dating between 1900 to 1970.

Last updated:

07 November 2019

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially lend on a property that is of Timber-Framed construction built after 1970 for Buy to Let applications.

Our policy notes:

Family Building Society will not lend on properties that are a timber frame construction dated post 1970.

Last updated:

07 November 2019

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially lend on a property that is of Timber-Framed construction built prior to 1900 for Buy to Let applications.

Our policy notes:

Family Building Society will not lend on properties that are a timber frame construction dating pre 1900.

Last updated:

07 November 2019