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.
We do not currently offer Self Build mortgages
Criteria definition:Indicates if we will allow a self build application for a semi-detached property
Our policy notes:Family Building Society does not currently offer self-build mortgages.
Last updated:02 March 2020
We do not currently offer Self Build mortgages
Criteria definition:Indicates if we will allow a self build application for second property or holiday home purposes
Our policy notes:Family Building Society does not currently offer self-build mortgages.
Last updated:02 March 2020
We do not currently offer Self Build mortgages
Criteria definition:Indicates on a self build application if we will allow interest only during the build
Our policy notes:Family Building Society does not currently offer self-build mortgages.
Last updated:28 February 2020
We do not currently offer Self Build mortgages
Criteria definition:Indicates if we requires the build to be completed in a specific time frame
Our policy notes:Family Building Society does not currently offer self-build mortgages.
Last updated:02 March 2020
We do not currently offer Self Build mortgages
Criteria definition:Indicates if we offer a retention product upon completion of the build
Our policy notes:Family Building Society does not currently offer self-build mortgages.
Last updated:02 March 2020
We do not currently offer Self Build mortgages
Criteria definition:Indicates if we will retain a retention until completion of the build
Our policy notes:Family Building Society does not currently offer self-build mortgages.
Last updated:16 December 2020
We do not currently offer Self Build mortgages
Criteria definition:Indicates if we will accept a self build application where there is shared access to the security
Our policy notes:Family Building Society does not currently offer self-build mortgages.
Last updated:02 March 2020
We do not currently offer Self Build mortgages
Criteria definition:Indicates if we allow flexible stage payments or we have set stage payments for self build mortgages
Our policy notes:Family Building Society does not currently offer self-build mortgages.
Last updated:02 March 2020
We do not currently offer Self Build mortgages
Criteria definition:Indicates if we make advanced payments or payments in arrears for self build mortgages
Our policy notes:Family Building Society does not currently offer self-build mortgages.
Last updated:02 March 2020
We do not currently offer Self Build mortgages
Criteria definition:Indicates if a fee payable for each stage release on a self build application
Our policy notes:Family Building Society does not currently offer self-build mortgages.
Last updated:21 March 2021
We do not currently offer Self Build mortgages
Criteria definition:Indicates the retention percentage we will retain until completion of the build
Our policy notes:Family Building Society does not currently offer self-build mortgages.
Last updated:28 February 2020
We do not currently offer Self Build mortgages
Criteria definition:Indicates if we will base the valuation fee on the value of the land or estimated final value of the build
Our policy notes:Family Building Society does not currently offer self-build mortgages.
Last updated:28 February 2020
Not Acceptable
Criteria definition:Specifies if we can accept shared ownership applications.
Our policy notes:We do not currently accept shared ownership applications.
20 April 2017
We do not accept shared ownership applications
Criteria definition:Indicates if we offer shared ownership mortgages and if so what is the maximum initial share we permit for a shared ownership case.
Our policy notes:We do not currently accept applications for shared ownership.
20 April 2017
Not Acceptable
Criteria definition:Indicates if we offer shared ownership mortgages and if so what is the maximum loan to value we can lend on the share the applicant is purchasing on a shared ownership basis.
Our policy notes:We do not currently accept shared ownership applications.
20 April 2017
We do not accept shared ownership applications
Criteria definition:Indicates if we offer shared ownership mortgages and if so what is the minimum share we permit for shared ownership cases.
Our policy notes:Currently, we do not lend on shared ownership.
03 July 2017
We do not accept shared ownership applications
Criteria definition:Indicates if we can potentially consider a shared ownership application with capital raising for home improvements
Our policy notes:Family Building Society does not accept Shared Ownership applications.
Last updated:11 September 2020
Not Acceptable
Criteria definition:Indicates if we can potentially consider residential applications for Shared Ownership cases that have a restricted staircasing clause.
Our policy notes:Family Building Society will not consider applications on shared ownership properties that have a restricted staircasing clause
Last updated:09 September 2019
Not Available
Criteria definition:Indicates if we offer Sharia compliant residential mortgages.
Our policy notes:Family Building Society does not offer Sharia compliant mortgages.
Last updated:09 September 2019
Not Acceptable
Criteria definition:Indicates if we can potentially accept a residential application where there will be a simultaneous completion of a second charge.
Our policy notes:Family Building Society will not consider applications where there will be a simultaneous completion of a second charge.
Last updated:07 November 2019
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