Repayment Mortgages - What makes us different?

21 Jun 2019

It won't be news to you to hear that a repayment mortgage is the most popular and most widely available mortgage repayment option. But did you know, with our repayment mortgages we offer the following features:

  • Maximum age of 95 at the end of term.
     
  • Maximum 40 year term.
     
  • Pay rate rather than stress rate for our 5 year fixed rate products - when assessing affordability for a 5 year fixed rate mortgage, we can stress test affordability at pay rate. This gives more flexibility to how much your clients can borrow. Compare our Owner Occupier product range to find out more.
     
  • A range of income streams accepted – earned, self employed, pension, investment and rental income are all acceptable sources of income for affordability purposes. We also allow a combination of these.

Our approach means that you can get creative with solutions for your clients. For example:

  • Joint Mortgage Sole Owner (JMSO) arrangement - with our JMSO arrangement we can lend over a term which takes non-occupying family members up to age 95. This can make the monthly payments much more affordable for the occupying borrower(s). So, if a parent is 60 and has a retirement income that we can evidence, then we can offer their offspring a 35 year term.
For more information on our mortgage range please click here or contact your local Business Development Manager.

Why choose us?
At the Family Building Society, we always aim to treat your client as an individual. We assess each case on its own merits even if your client has been turned down elsewhere. That’s what we do. We provide solutions for your clients, no matter their personal circumstances.

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:

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