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.
Acceptable
Criteria definition:Specifies if we will allow a clients income to be considered for affordability if they are in a probationary period.
Our policy notes:We may consider applicants who are currently in a probationary period provided the job role is similar to that previously held. Subject to underwriter discretion.
Last updated:14 May 2026
Acceptable
Criteria definition:Indicates if we can potentially lend on residential applications for leasehold properties that have an escalating ground rent clause.
Our policy notes:Family Building Society can potentially consider lending on leasehold properties where an escalating ground rent clause exists.
Last updated:09 September 2019
Acceptable
Criteria definition:Indicates if we can potentially lend on residential applications for freehold properties where 'Estate Rent Charge' clauses exist.
Our policy notes:Family Building Society can potentially consider lending on freehold properties where exists an estate charge for the general upkeep and maintenance of any shared areas.
Last updated:09 September 2019
Not Acceptable
Criteria definition:Indicates if we can potentially consider applications from EU Nationals with a ‘pre-settled status’ under the EU Settlement Scheme
Our policy notes:Family Building Society does not lend to EU Nationals with a ‘pre-settled status’ under the EU Settlement Scheme
Last updated:03 August 2021
Acceptable
Criteria definition:Indicates if we can potentially consider applications from EU Nationals with a ‘settled status’ under the EU Settlement Scheme
Our policy notes:Family Building Society can potentially lend to EU Nationals with a ‘settled status’ under the EU Settlement Scheme
Last updated:03 August 2021
Acceptable
Criteria definition:Indicates if we can consider lending on an ex MOD property
Our policy notes:Family Building Society can potentially consider an application on an ex MOD property
Last updated:15 January 2021
Acceptable
Criteria definition:Indicates if we can potentially consider residential applications from expatriate applicants.
Our policy notes:We can accept applications from expatriates from a restricted list of countries, as follows:
Plus Antigua, China (inc Taiwan) and South Africa. But they will be subject to the additional requirements below:
28 April 2026
Offered (Subject to product availability)
Criteria definition:Indicates if we can potentially consider Family assist 100% mortgages
Our policy notes:100% mortgage product, no deposit required. Family members helping each other.
20% security required, up to 4 people can contribute to security required and can be made up of:
- Equity in a family members main residential property.
- Cash deposit with the Society which will earn interest.
Please refer to BDM for more information specific to your case.
12 February 2026
Not Acceptable
Criteria definition:Indicates if we can potentially accept residential applications from an applicant who is financially associated with someone who has adverse credit.
Our policy notes:Family Building Society will not accept applicants that are financially associated with persons that have adverse credit.
Last updated:09 September 2019
Not Acceptable
Criteria definition:Indicates the maximum potential loan to value (LTV) we can accept where the property type is a NEW BUILD flat or NEW BUILD maisonette.
Our policy notes:We do not accept new build flats/maisonettes.
03 July 2017
80
Criteria definition:Indicates the maximum potential loan to value (LTV) we can accept where the property type is a flat or maisonette and it is NOT considered a new build.
Our policy notes:The maximum LTV we can consider is 80% LTV providing applicants have evidence of a current mortgage or tenancy they have maintained.
03 July 2017
20
Criteria definition:Indicates the maximum percentage of gross floor area the flying freehold part covers that can be considered by us
Our policy notes:Family Building Society accepts flying freehold up to a maximum gross floor area of 20%
Last updated:11 September 2020
Not Acceptable
Criteria definition:Indicates if we can potentially consider applications from foreign nationals living overseas who wish to obtain a residential mortgage here in the UK. For example, a Chinese applicant who does not live or work in the UK who wants to purchase property here in the UK on a residential basis as he wants a residence in the UK (perhaps for his family to reside).
Our policy notes:Family Building Society does not lend to Foreign Nationals living overseas.
Last updated:06 November 2018
Acceptable
Criteria definition:Indicates if we are potentially able to accept applications from foreign nationals that DO HAVE indefinite leave to remain.
Our policy notes:We do accept applications from foreign nationals with a permanent right to reside.
17 July 2017
Not Acceptable
Criteria definition:Indicates if we are potentially able to accept applications from foreign nationals that DO NOT have indefinite leave to remain.
Our policy notes:We would not prepared to accept applications from non-EU nationals without a permanent right to reside.
17 July 2017
Acceptable
Criteria definition:Indicates if we can potentially consider applicants with recurrent gambling transactions on residential applications
Our policy notes:We can potentially consider applicants that have recurring gambling transactions. Where gambling activity is identified, we will assess the frequency, value and overall impact on the applicant’s financial position and ability to meet mortgage commitments. All cases must meet our affordability and credit requirements, and we reserve the right to decline any application where gambling activity gives cause for concern.
Refer to lender.
Instances deemed to be excessive gambling are likely to result in a decline.
14 May 2026
Not Acceptable
Criteria definition:Indicates if we can potentially accept a Green Mortgage application.
Our policy notes:Family Building Society is unable to consider a Green Mortgage application
Last updated:03 August 2021
Not Acceptable
Criteria definition:Indicates if we accept guarantor applications.
Our policy notes:Family Building Society does not accept mortgage applications with guarantors. This has been replaced by Joint Borrower Sole Proprietor mortgages
Last updated:10 December 2024
Acceptable
Criteria definition:Indicates if we can potentially consider a reverse guarantor application. A reverse guarantor application is where the guarantor is younger than the applicant. This typically might occur when a son or daughter wishes to help their parents.
Our policy notes:Family Building Society can potentially consider a reverse supporter application although we process these under our Joint Borrower Sole Proprietor (JBSP) policy.
Last updated:14 May 2026
Not Acceptable
Criteria definition:Indicates if we can potentially accept a guarantor application where the applicant is not expecting significant income growth in the future
Our policy notes:Family Building Society will only consider a guarantor application where significant income growth is expected
Last updated:11 September 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