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Interest only mortgages - what makes us different?

20 Sep 2018

At the Family Building Society, we consider every mortgage on a case by case basis. We understand that circumstances are different for everyone, whatever their age, so we will always take the time to listen.

With interest only lending, did you know…

  • We offer interest only lending across our variable rate range up to 80% LTV.
  • We have no barriers to entry such as age restrictions, minimum income and minimum equity.
  • We will consider interest only even if the repayment vehicle is downsizing and in such cases, the maximum LTV is 70%.
  • We will also take into account pension cash lump sum and/or sale of a second UK home, as well as selected other UK assets as repayment vehicles.

Case study

Roger: Aged 73, his previous mortgage provider was unable to extend his mortgage term due to his age. He wanted to stay in his home and near his family.
Outcome: We offered Roger a new interest only 14 year term mortgage.

Watch our short video case study.

If you have any questions or have a case you would like to discuss, please contact your local Business Development Manager or our Mortgage Desk.

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:

Arif Kara

Arif was previously a mortgage adviser, and focuses on North and West London. Contact Arif for help with your clients' mortgages.
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Your Local BDM:

Michelle Parry-Bunter

Michelle has worked for the Society for over a decade and focuses on the South Coast. Contact Michelle for help with your clients' mortgages.
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Your Local BDM:

Nathan Waller

Nathan was previously a mortgage and protection adviser, and focuses on Essex and Kent. Contact Nathan for help with your clients' mortgages.
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Your Local BDM:

Charlotte Grimshaw

Charlotte has a background working with intermediaries within the Building Society sector and focuses around the West M25 area. Contact Charlotte for help with your clients' mortgages.
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Your Local BDM:

Darren Deacon

Darren has over 28 years' Financial Services experience and focuses on both the East & West Midlands. Contact Darren for help with your clients' mortgages.
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Your Local BDM:

Paul Roberts

Paul has over 30 years' experience and focuses on the North (inc. M62 corridor), Yorkshire & North East. Contact Paul for help with your clients' mortgages.
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We do not currently have a BDM covering your area. Please contact our Mortgage Helpdesk:

Opening hours: Mon - Fri: 8am - 5.30pm, Sat: 9am - noon

We may record any telephone calls we have with you in the interest of staff training, monitoring customer service or for security purposes.

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