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
Self-Build: Property Type: Semi-detached property

Our standard acceptability

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

Self-Build: Property Usage: Holiday/Second Home

Our standard acceptability

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

Self-Build: Pure Interest only acceptable during the build?

Our standard acceptability

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

Self-Build: Required build completion time (months)

Our standard acceptability

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

Self-Build: Retention product offered upon completion of build

Our standard acceptability

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

Self-Build: Retention retained until sign off following build completion

Our standard acceptability

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

Self-Build: Shared access allowed?

Our standard acceptability

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

Self-Build: Stage payment frequency

Our standard acceptability

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

Self-Build: Stage payment release schedule

Our standard acceptability

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

Self-Build: Stage release fees

Our standard acceptability

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

Self-Build: Standard retention for project

Our standard acceptability

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

Self-Build: Valuation fee based on the estimated final value or land value

Our standard acceptability

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

Shared Ownership

Our standard acceptability

Not Acceptable

Criteria definition:

Specifies if we can accept shared ownership applications.

Our policy notes:

We do not currently accept shared ownership applications.

Last updated:

20 April 2017

Shared Ownership Maximum Initial Share (%)

Our standard acceptability

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.

Last updated:

20 April 2017

Shared Ownership Maximum LTV (of applicants share)

Our standard acceptability

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.

Last updated:

20 April 2017

Shared Ownership Min Initial Share (%)

Our standard acceptability

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.

Last updated:

03 July 2017

Shared Ownership remortgage purpose: Capital raising for home improvements

Our standard acceptability

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

Shared Ownership: Restricted Staircasing

Our standard acceptability

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

Sharia Compliant Mortgages

Our standard acceptability

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

Simultaneous First and Second Charge

Our standard acceptability

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

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