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
Owner Occupier Criteria
Buy to Let Criteria
Minimum remaining lease at application
Our standard acceptability:

55

Criteria definition:

Indicates the minimum required lease remaining at date of application we can potentially accept. 

Our policy notes:

The Society requires 50 years unexpired at the end of the mortgage term. The minimum term is 5 years.

Last updated:

31 May 2018

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Minimum remaining lease at end of term
Our standard acceptability:

50

Criteria definition:

Indicates the minimum required lease remaining at the end of the mortgage term we can potentially accept.

Our policy notes:

The Society requires an unexpired lease term of 50 years at the end of the mortgage term.

Last updated:

31 January 2018

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Minimum Term (Years)
Our standard acceptability:

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.

Last updated:

31 May 2018

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Months passed where Mortgage Arrears can be ignored
Our standard acceptability:

24

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 can potentially ignore previous mortgage arrears that are older than 24 months old.

Last updated:

05 August 2026

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Multi Unit Freehold (multiple properties on same title)
Our standard acceptability:

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

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Multi Unit Freehold Maximum Number of Flats
Our standard acceptability:

3

Criteria definition:

Indicates the maximum number of units permitted on a single title multi unit property

Our policy notes:

Family Building Society does lend on 'Multi Unit Freehold' properties up to 75% LTV

Last updated:

30 July 2025

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Multi Unit Minimum Floor Area of each Unit Requirement (Sq Meters)
Our standard acceptability:

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

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New Build Warranty: AEDIS
Our standard acceptability:

Not Acceptable

Criteria definition:

Indicates if AEDIS  is an acceptable new build warranty for us on new build properties.

Our policy notes:

This is not acceptable.

Last updated:

31 May 2018

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New Build Warranty: Build Assure
Our standard acceptability:

Acceptable

Criteria definition:

Indicates if Build Assure is an acceptable new build warranty for us on new build properties.

Our policy notes:

This is acceptable.

Last updated:

31 May 2018

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New Build Warranty: Building Life Plans
Our standard acceptability:

Acceptable

Criteria definition:

Indicates if Building Life Plans is an acceptable new build warranty for us on new build properties.

Our policy notes:

This is acceptable.

Last updated:

31 May 2018

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New Build Warranty: Buildzone
Our standard acceptability:

Acceptable

Criteria definition:

Indicates if Buildzone is an acceptable new build warranty for us on new build properties.

Our policy notes:

This is acceptable.

Last updated:

31 May 2018

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New Build Warranty: Checkmate (Castle 10)
Our standard acceptability:

Acceptable

Criteria definition:

Indicates if Checkmate (Castle 10) is an acceptable new build warranty for us on new build properties.

Our policy notes:

This is acceptable. Where outbuildings, such as a detached garage, are included in the construction, an endorsement to include these in the cover is required.

Last updated:

31 May 2018

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New Build Warranty: CRL Management Ltd
Our standard acceptability:

Acceptable

Criteria definition:

Indicates if CRL Management Ltd is an acceptable new build warranty for us on new build properties.

Our policy notes:

This is acceptable.

Last updated:

31 May 2018

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New Build Warranty: Global Home Warranties
Our standard acceptability:

Not Acceptable

Criteria definition:

Indicates if Global Home Warranties is an acceptable new build warranty for us on new build properties.

Our policy notes:

This is not acceptable.

Last updated:

31 May 2018

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New Build Warranty: ICW
Our standard acceptability:

Not Acceptable

Criteria definition:

Indicates if we can potentially accept ICW as an acceptable new build warranty

Our policy notes:

Family Building Society does not accept ICW as an acceptable new build warranty

Last updated:

16 September 2020

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New Build Warranty: LABC
Our standard acceptability:

Acceptable

Criteria definition:

Indicates if LABC is an acceptable new build warranty for us on new build properties.

Our policy notes:

This is acceptable.

Last updated:

31 May 2018

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New Build Warranty: NHBC Guarantee
Our standard acceptability:

Acceptable

Criteria definition:

Indicates if NHBC Guarantee is an acceptable new build warranty for us on new build properties.

Our policy notes:

We will accept NHBC guarantees.

Last updated:

31 May 2018

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New Build Warranty: Premier Guarantee Scheme
Our standard acceptability:

Acceptable

Criteria definition:

Indicates if Premier Guarantee Scheme is an acceptable new build warranty for us on new build properties.

Our policy notes:

This is acceptable.

Last updated:

31 May 2018

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New Build Warranty: Professional Consultants Certificate
Our standard acceptability:

Not Acceptable

Criteria definition:

Indicates if Professional Consultants Certificate is an acceptable new build warranty for us on new build properties.

Our policy notes:

This is not acceptable.

Last updated:

31 May 2018

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New Build Warranty: Protek
Our standard acceptability:

Not Acceptable

Criteria definition:

Indicates if Protek is an acceptable new build warranty for us on new build properties.

Our policy notes:

This is not acceptable.

Last updated:

31 May 2018

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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