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.

Take a look at what we have to offer
Owner Occupier 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

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

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

Flat/Maisonette Maximum LTV (Standard)

Our standard acceptability

80

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

Flying Freehold: Maximum acceptable percentage of the gross floor area

Our standard acceptability

20

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

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

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

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

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:

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:

Michelle Parry-Bunter

Michelle has worked for the Society for over a decade and focuses on the South Coast. Contact Michelle 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 & 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 & 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:

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