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 larger variety of life stages and circumstances for your clients than many other lender.

Browse criteria by A-Z below or search criteria by keyword to find what you need.

Owner Occupier Criteria

Buy to Let Criteria

Family assist 100% mortgages

Our standard acceptability

Not Offered

Criteria definition:

Indicates if we can potentially consider Family assist 100% mortgages

Our policy notes:

Family Building Society will not consider Family assist 100% mortgages

Our outside policy allowances:

The Society does offer 95% mortgages with family assistance with our Family Mortgage scheme where 20% security from the family property or savings is accepted.

Last updated:

11 September 2020

Check affordability Contact your BDM Illustration request

Financial Associates with Adverse

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially accept residential applications from an applicant who is financially associated with someone who has adverse credit.

Our policy notes:

Family Building Society will not accept applicants that are financially associated with persons that have adverse credit.

Last updated:

09 September 2019

Check affordability Contact your BDM Illustration request

Flat/Maisonette Maximum LTV (New Build)

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates the maximum potential loan to value (LTV) we can accept where the property type is a NEW BUILD flat or NEW BUILD maisonette.

Our policy notes:

We do not accept new build flats/maisonettes.

Last updated:

03 July 2017

Check affordability Contact your BDM Illustration request

Flat/Maisonette 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 flat or maisonette and it is NOT considered a new build.

Our policy notes:

The maximum LTV we can consider is 80% LTV providing applicants have evidence of a current mortgage or tenancy they have maintained.

Last updated:

03 July 2017

Check affordability Contact your BDM Illustration request

Flying Freehold: Maximum acceptable percentage of the gross floor area

Our standard acceptability

Criteria definition:

Indicates the maximum percentage of gross floor area the flying freehold part covers that can be considered by us

Our policy notes:

Family Building Society accepts flying freehold up to a maximum gross floor area of 20%

Last updated:

11 September 2020

Check affordability Contact your BDM Illustration request

Foreign Nationals (Living Overseas)

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially consider applications from foreign nationals living overseas who wish to obtain a residential mortgage here in the UK. For example, a Chinese applicant who does not live or work in the UK who wants to purchase property here in the UK on a residential basis as he wants a residence in the UK (perhaps for his family to reside).

Our policy notes:

Family Building Society does not lend to Foreign Nationals living overseas.

Last updated:

06 November 2018

Check affordability Contact your BDM Illustration request

Foreign Nationals (with indefinite leave to remain)

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we are potentially able to accept applications from foreign nationals that DO HAVE indefinite leave to remain.

Our policy notes:

We do accept applications from foreign nationals with a permanent right to reside.

Last updated:

17 July 2017

Check affordability Contact your BDM Illustration request

Foreign Nationals (WITHOUT indefinite leave to remain)

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we are potentially able to accept applications from foreign nationals that DO NOT have indefinite leave to remain.

Our policy notes:

We would not prepared to accept applications from non-EU nationals without a permanent right to reside.

Last updated:

17 July 2017

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

We may record any telephone calls we have with you in the interest of staff training, monitoring customer service or for security purposes.

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