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: Maximum LTV of estimated final value
Our standard acceptability:

We do not currently offer Self Build mortgages

Criteria definition:

Indicates the maximum LTV we will consider of the estimated final value

Our policy notes:

Family Building Society does not currently offer self-build mortgages.

Last updated:

02 March 2020

Self-Build: Maximum LTV on land/plot value or purchase price
Our standard acceptability:

We do not currently offer Self Build mortgages

Criteria definition:

Indicates the maximum LTV we will consider of the land/plot value or purchase price

Our policy notes:

Family Building Society does not currently offer self-build mortgages.

Last updated:

02 March 2020

Self-Build: Maximum number of multi-plot or group development allowed
Our standard acceptability:

We do not currently offer Self Build mortgages

Criteria definition:

Indicates the maximum amount of properties/plots we allow in a multi-plot or group development

Our policy notes:

Family Building Society does not currently offer self-build mortgages.

Last updated:

02 March 2020

Self-Build: Maximum plot size (acres)
Our standard acceptability:

We do not currently offer Self Build mortgages

Criteria definition:

Indicates the maximum plot size we can consider

Our policy notes:

Family Building Society does not currently offer self-build mortgages.

Last updated:

02 March 2020

Self-Build: Minimum amount of stage payments
Our standard acceptability:

We do not currently offer Self Build mortgages

Criteria definition:

Indicates if we have a minimum amount of stage payments for a self build application

Our policy notes:

Family Building Society does not currently offer self-build mortgages.

Last updated:

02 March 2020

Self-Build: Minimum number of months remaining on planning permission
Our standard acceptability:

We do not currently offer Self Build mortgages

Criteria definition:

Indicates the minimum number of months we require remaining on planning permission for a self build application

Our policy notes:

Family Building Society does not currently offer self-build mortgages.

Last updated:

02 March 2020

Self-Build: Minimum plot size (Square Metres - 1 Acre = 4047 SqM )
Our standard acceptability:

We do not currently offer Self Build mortgages

Criteria definition:

Indicates the minimum plot size (in Square Metres) we can consider

Our policy notes:

Family Building Society does not currently offer self-build mortgages.

Last updated:

02 March 2020

Self-Build: More than one pending self-build application
Our standard acceptability:

We do not currently offer Self Build mortgages

Criteria definition:

Indicates if we will accept applicants with more than one self build application pending

Our policy notes:

Family Building Society does not currently offer self-build mortgages.

Last updated:

28 February 2020

Self-Build: Multi-plot or group developments allowed? (where applicant is purchasing one plot of many)
Our standard acceptability:

We do not currently offer Self Build mortgages

Criteria definition:

Indicates if we will allow a self build application that is part of a multi-plot or group development

Our policy notes:

Family Building Society does not currently offer self-build mortgages.

Last updated:

02 March 2020

Self-Build: Outline or full planning permission required
Our standard acceptability:

We do not currently offer Self Build mortgages

Criteria definition:

Indicates if we require Full or Outline planning permission when submitting a self build application

Our policy notes:

Family Building Society does not currently offer self-build mortgages.

Last updated:

28 February 2020

Self-Build: Preferential terms for eco build
Our standard acceptability:

We do not currently offer Self Build mortgages

Criteria definition:

Indicates if we will allow preferential terms for applicants building an eco property

Our policy notes:

Family Building Society does not currently offer self-build mortgages.

Last updated:

28 February 2020

Self-Build: Product fees added to the loan
Our standard acceptability:

We do not currently offer Self Build mortgages

Criteria definition:

Indicates if we allow borrowers to add the arrangement fee (where one is payable) to the mortgage advance on a self build application

Our policy notes:

Family Building Society does not currently offer self-build mortgages.

Last updated:

02 March 2020

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

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