Affordability assessment: Personal borrowing for self employed business purposes ignored

Our standard acceptability

Not Ignored

Criteria definition:

Indicates if we can potentially ignore personal borrowing for self employed business purposes when assessing borrowers affordability

Policy Notes:

Family Building Society will include personal borrowing for self employed business purposes when assessing borrowers affordability

Criteria categories:
  • affordability assessment
  • Policy

Last updated:

23 February 2023