Criteria A-Z

Our standard acceptability:

Not Acceptable

Criteria definition:

Indicates if we can potentially accept applications on properties defined as Live/Work units.

Our policy notes:

This type of property is not acceptable.

Last updated:

03 July 2017

Our standard acceptability:

Not Acceptable

Criteria definition:

Indicates if we are able to potentially lend on properties that are classified as mixed use for both residential occupation and commercial use.

Our policy notes:

Family Building Society will not lend on properties that have mixed use commercial/residential.

Last updated:

07 November 2018

Our standard acceptability:

Acceptable

Criteria definition:

Indicates if we are potentially able to accept properties that have a significant amount of land (properties that have acreage).

Our policy notes:

Care should be taken on properties with large amounts of land.

Such properties may have limited marketability or be subject to agricultural ties.

The Society does not lend on Small Holdings , Farms or those where animals are grazed or have Large Scale Farm buildings.

Please refer to your local BDM to check the properties suitability if required.

Last updated:

14 May 2026

Our standard acceptability:

Not Acceptable

Criteria definition:

Indicates if we are able to potentially accept applications from applicants who are looking to purchase a property that has an age restriction. For example, Mr Jones is looking to purchase a retirement apartment that can only be occupied by people who are at least 55 years of age.

Our policy notes:

Properties with restrictive covenants of this type are not acceptable.

Last updated:

11 July 2017

Our standard acceptability:

Not Acceptable

Criteria definition:

Indicates if we can potentially consider lending against a property that has an Annex and the Annex will be Let.

Our policy notes:

We do not accept properties where an annexe is let.

Last updated:

11 July 2017

Our standard acceptability:

Not Acceptable

Criteria definition:

Indicates if we can potentially accept properties that have deck access.

Our policy notes:

We do not accept this property type.

Last updated:

03 July 2017

Our standard acceptability:

Not Acceptable

Criteria definition:

Indicates if we are able to potentially accept an application where the security property has more than one kitchen. This is not the same as a property split into two or more units or a House of Multiple Occupation (HMO).

Our policy notes:

Properties with more than one kitchen are not normally acceptable.

Our outside policy allowances:

Consideration can be given where a property has a 'granny' annexe. These must be referred prior to submission on an application. Please provide the property address and any sales particulars (where applicable) for an underwriter to give consideration.

Last updated:

20 April 2017

Our standard acceptability:

Not Acceptable

Criteria definition:

Indicates if we are able to potentially accept applications on properties that are subject to a Section 106 restrictive covenant.

Our policy notes:

Unfortunately, the Society does not lend on properties with a restrictive covenant.

Last updated:

31 August 2017