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

Property Type: Ex local authority house/bungalow

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we are potentially able to lend on ex-local authority houses/bungalows.

Our policy notes:

These are acceptable.

Last updated:

17 July 2017

Check affordability Contact your BDM Illustration request

Property Type: Farmhouse (where farmhouse and land are contiguous)

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we are potentially able to lend on farmhouses where the farmhouse and land are contiguous.

Our policy notes:

These are not acceptable.

Last updated:

17 July 2017

Check affordability Contact your BDM Illustration request

Property Type: Flat above commercial food outlet

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we are able to potentially accept flats above a commercial food outlet.

Our policy notes:

We would not accept this sort of property.

Last updated:

03 July 2017

Check affordability Contact your BDM Illustration request

Property Type: Flat above commercial offices

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially accept flats that are above commercial offices.

Our policy notes:

Prestige locations only. Properties should have separate title and access. Valuer to confirm the property is readily saleable.

Last updated:

03 July 2017

Check affordability Contact your BDM Illustration request

Property Type: Flat above commercial pub

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially accept flats that are above a pub.

Our policy notes:

We would not consider this type of property.

Last updated:

03 July 2017

Check affordability Contact your BDM Illustration request

Property Type: Flat above shop (not food outlet)

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we are able to potentially accept flats above a shop that is NOT a food outlet.

Our policy notes:

Family Building Society can potentially lend on flats/apartments that are above a shop that is not a food outlet.

Last updated:

07 November 2018

Check affordability Contact your BDM Illustration request

Property Type: Freehold flats and maisonettes

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially accept a flat or maisonette where the tenure is freehold.

Our policy notes:

Freehold flats/maisonettes are not acceptable.

Last updated:

20 April 2017

Check affordability Contact your BDM Illustration request

Property Type: Grade 1 Listed Building

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially consider lending on property classified as a Grade 1 Listed Building. Categories of listed buildings in England & Wales: Grade I: buildings of exceptional interest. Grade II*: particularly important buildings of more than special interest. Grade II: buildings that are of special interest, warranting every effort to preserve them.

Our policy notes:

Family Building Society does not lend on properties that are classified as a Grade 1 Listed Building.

Last updated:

10 May 2018

Check affordability Contact your BDM Illustration request

Property Type: Grade 2 Listed Building

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially consider lending on property classified as a Grade 2 Listed Building. Categories of listed buildings in England & Wales: Grade I: buildings of exceptional interest. Grade II*: particularly important buildings of more than special interest. Grade II: buildings that are of special interest, warranting every effort to preserve them.

Our policy notes:

Family Building Society can potentially lend on properties that are classified as a Grade 2 Listed Building.

Last updated:

10 May 2018

Check affordability Contact your BDM Illustration request

Property Type: Grade 2* Listed Building

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially consider lending on property classified as a Grade 2* Listed Building. Categories of listed buildings in England & Wales: Grade I: buildings of exceptional interest. Grade II*: particularly important buildings of more than special interest. Grade II: buildings that are of special interest, warranting every effort to preserve them.

Our policy notes:

Family Building Society can potentially lend on properties that are classified as a Grade 2* Listed Building.

Last updated:

10 May 2018

Check affordability Contact your BDM Illustration request

Property Type: Mobile homes and houseboats

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we are potentially able to lend on mobile homes and houseboats.

Our policy notes:

We do not lend on houseboats or mobile homes.

Last updated:

20 April 2017

Check affordability Contact your BDM Illustration request

Property Type: Studio flat

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially lend on studio flats.

Our policy notes:

Studio flats are not normally acceptable.

Last updated:

20 April 2017

Check affordability Contact your BDM Illustration request

Property Usage: Acceptable commercial limit

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates the limit we can potentially accept where the property usage has an element of commercial use.

Our policy notes:

These are not acceptable.

Last updated:

17 July 2017

Check affordability Contact your BDM Illustration request

Property Usage: Agricultural restrictions

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially accept properties that have agricultural restrictions.

Our policy notes:

We would not lend on a property with an agricultural restriction.

Last updated:

17 July 2017

Check affordability Contact your BDM Illustration request

Property Usage: Bed and Breakfast

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially lend on residential applications for properties that are part used as a B&B (Bed and Breakfast).

Our policy notes:

Family Building Society will not lend on residential properties that will continue to be used as a B&B.

Last updated:

09 September 2019

Check affordability Contact your BDM Illustration request

Property Usage: Empty Property (Unoccupied)

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially lend on residential applications for properties that will be empty/unoccupied following completion.

Our policy notes:

Family Building Society will not lend on properties that will remain unoccupied after completion.

Last updated:

07 November 2019

Check affordability Contact your BDM Illustration request

Property Usage: Holiday/Second Home

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially accept applications on properties that are to be used as a second or holiday home.

Our policy notes:

We will lend on a second home or holiday home with occasional holiday letting to a maximum of 70% LTV.

Last updated:

20 February 2020

Check affordability Contact your BDM Illustration request

Property Usage: Holiday/Second Home maximum LTV

Our standard acceptability

Criteria definition:

If we lend on holiday/second homes, specifies what is the maximum loan to value we can lend when the property usage is second or holiday home.

Our policy notes:

We will lend on second homes or holiday homes.

Last updated:

03 July 2017

Check affordability Contact your BDM Illustration request

Property Usage: Home for dependant

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially accept applications on properties that are classed as a home for a dependant.

Our policy notes:

These are acceptable on normal terms.

Last updated:

11 July 2017

Check affordability Contact your BDM Illustration request

Property Usage: Home for dependant maximum LTV

Our standard acceptability

Criteria definition:

If we lend on homes for dependants, indicates the maximum loan to value (LTV) we can consider.

Our policy notes:

These are acceptable up to 80% LTV which is our normal maximum.

Last updated:

11 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.

Edit my local BDM

Your Local BDM:

Neil Cadwallader

Neil has over 19 years experience in Financial Services. Neil focuses around South Wales and the West of England area. Contact Neil for help with your clients' mortgages.

Edit my local BDM

Your Local BDM:

Stuart Heavens

Stuart focuses on the South Coast area. Contact Stuart for help with your clients' mortgages.

Edit my local BDM

Your Local BDM:

Amar Mashru

Amar focuses on the Central London area. Contact Amar for help with your clients' mortgages.

Edit my local BDM

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.

Edit my local BDM

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.

Edit my local BDM

Your Local BDM:

Grace Bennett

Grace focuses around the West M25 area. Contact Grace for help with your clients' mortgages.

Edit my local BDM

Your Local BDM:

Gina England

Gina has a vast amount of experience with both simple and complex lending solutions. If you're in the East or West Midlands, please contact Gina for help with your clients' mortgages.

Edit my local BDM

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.

Edit my local BDM

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.

Edit my local BDM