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.
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.
17 July 2017
Not Acceptable
Criteria definition:Indicates if we can potentially consider single skin properties
Our policy notes:Family Building Society will not lend on single skin properties
Last updated:11 September 2020
Not Acceptable
Criteria definition:Indicates if we can potentially accept steel framed properties as suitable lending security.
Our policy notes:These are not acceptable.
17 July 2017
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:11 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.
17 July 2017
Acceptable
Criteria definition:Indicates if we can potentially accept timber framed properties.
Our policy notes:Timber frame dwellings built prior to 1965 are unacceptable with the exception of listed Tudor buildings.
22 October 2021
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 residential applications.
Our policy notes:Family Building Society will not lend on properties that are a timber frame construction dating between 1900 to 1970.
Our outside policy allowances:Usually not acceptable but can be referred and will be subject to valuer's comments.
Last updated:09 September 2019
Acceptable
Criteria definition:Indicates if we can potentially lend on a property that is of Timber-Framed construction built after 1970 for residential applications.
Our policy notes:Family Building Society can potentially consider lending on properties that are a timber frame construction dated post 1970.
Last updated:09 September 2019
Acceptable
Criteria definition:Indicates if we can potentially lend on a property that is of Timber-Framed construction built prior to 1900 for residential applications.
Our policy notes:Family Building Society will consider lending on properties that are a timber frame construction dating pre 1900.
Last updated:14 February 2025
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. Tower blocks are defined as blocks of flats over five stories.
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:16 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:11 September 2020
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:25 November 2022
Not Acceptable
Criteria definition:Indicates if we can potentially lend on properties that are on contaminated land.
Our policy notes:Family Building Society will not consider properties that are situated on contaminated land.
Last updated:06 November 2018
Acceptable
Criteria definition:Indicates if we can potentially lend on a property that is close to a mine shaft for residential applications.
Our policy notes:Family Building Society can potentially consider lending on properties that are close to a mine shaft.
Last updated:25 September 2019
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:Family Building Society can potentially lend on properties that border class A1 commercial premises.
Last updated:07 November 2018
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:Family Building Society can potentially lend on properties that border class A2 commercial premises.
Last updated:07 November 2018
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:Family Building Society will not lend on properties that border class A3 commercial premises.
Last updated:07 November 2018
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:Family Building Society will not lend on properties that border class A4 commercial premises.
Last updated:07 November 2018
Not Acceptable
Criteria definition:Indicates if we can potentially lend on a property where it borders Class A5 commercial premises. Class A5 businesses are hot food and takeaway.
Our policy notes:Family Building Society will not lend on properties that border class A5 commercial premises.
Last updated:07 November 2018
Affordability Calculator
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