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.
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.
31 May 2018
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
Not Acceptable
Criteria definition:Indicates if we can potentially accept steel framed properties as suitable lending security.
Our policy notes:These are not acceptable.
31 May 2018
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
Acceptable
Criteria definition:Indicates if we can potentially accept properties that have any element of a thatched roof.
Our policy notes:These are acceptable.
31 May 2018
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.
30 March 2022
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:We can potentially consider lending on properties that are a timber frame construction dating between 1900 to 1970.
Not acceptable if built before 1965, unless a period Grade 2 listed.
05 August 2026
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 can potentially consider lending on properties that are a timber frame construction dated post 1970.
Last updated:05 August 2026
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 consider lending on properties that are a timber frame construction dating pre 1900.
Properties should be period Grade 2 listed.
05 August 2026
Not Acceptable
Criteria definition:Indicates if we can potentially consider lending on a property in a tower block with cladding
Our policy notes:Family Building Society will not lend on a tower block of flats that have cladding
Last updated:16 September 2020
Not Acceptable
Criteria definition:Indicates if we can potentially consider wholly timbered property
Our policy notes:Family Building Society will not lend on a wholly timbered property
Last updated:11 September 2020
Not Acceptable
Criteria definition:Indicates if we can potentially consider a woolaway property
Our policy notes:Family Building Society will not lend on a woolaway property
Our outside policy allowances:These are declared defective under the Defective Housing Act and the Society can only consider those that have been adapted and have a PRC certificate.
Last updated:16 September 2020
Acceptable
Criteria definition:Indicates if we can potentially accept applications from property developers
Our policy notes:Family Building Society can potentially accept Buy to Let applications from individuals they deem property developers.
Last updated:31 May 2018
Not Acceptable
Criteria definition:Indicates if we can potentially consider properties where there is spray foam insulation
Our policy notes:Family Building Society is unable to lend on properties with spray foam insulation
Last updated:03 August 2022
Acceptable
Criteria definition:Indicates if we can potentially lend on a property that is close to a mine shaft for Buy to Let applications.
Our policy notes:Family Building Society can potentially consider lending on properties that are close to a mine shaft.
Last updated:12 February 2020
Acceptable
Criteria definition:Indicates if we can potentially lend on a property where it borders Class A1 commercial premises. Class A1 businesses are shops and retail.
Our policy notes:The Society can usually lend on properties bordering Class A1 commercial premises although these should be referred to ensure they are accpetable.
Last updated:02 September 2021
Acceptable
Criteria definition:Indicates if we can potentially lend on a property where it borders Class A2 commercial premises. Class A2 businesses are professional services.
Our policy notes:The Society can usually lend on properties bordering Class A2 commercial premises.
Last updated:02 September 2021
Not Acceptable
Criteria definition:Indicates if we can potentially lend on a property where it borders Class A3 commercial premises. Class A3 businesses are for food and drink.
Our policy notes:The Society will usually not lend on properties bordering Class A3 commercial premises.
Last updated:02 September 2021
Not Acceptable
Criteria definition:Indicates if we can potentially lend on a property where it borders Class A4 commercial premises. Class A4 businesses are drinking establishments.
Our policy notes:The Society will usually not lend on properties bordering Class A4 commercial premises.
Last updated:02 September 2021
Not Acceptable
Criteria definition:Indicates if we can potentially lend on properties that have overhead power lines running above them.
Our policy notes:The Society will not lend on properties with powerlines overhead.
Last updated:17 August 2023
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