Existing Family Building Society borrowers coming to the end their product term?
We make it a quick and easy process for existing Family Building Society borrowers to switch to a new product at the end of their term, plus there is no additional cost for doing so.
And being an existing Family Building Society borrower, they can choose from a number of products above 60% LTV.
You can view a summary of the mortgage products available for existing borrowers here.
You can apply for a product switch up to three months in advance of the current product end date.
SIX SIMPLE STEPS FOR PRODUCT SWITCH
- We will let borrowers know about their new mortgage options around three months before the end of term.
- When you have discussed these options, ask your client to complete our Consent to Release Information Form which is available to download here. Once completed return it back to our Mortgage Service Team via our Secure Document Upload facility.
- You'll receive an email confirmation from us and we’ll aim to process your request within three days.
- We’ll send you a product switch pack containing the Acceptance Form and a Mortgage Variation Offer.
- Ensure the acceptance form is signed by your client and returned to our Mortgage Service Team using the Secure Document Upload facility. Without this form, we won’t be able to progress their switch further.
- We’ll then confirm the product switch to your client and pay you your proc fee seven to ten working days after the date of the product switch.
Payments of procuration fees will be paid 7-10 working days following completion.
Do you have an existing client looking a for a further advance?
A summary of the mortgage products available for additional borrowing and our simple steps for an efficient application can be found here. Please note further advances are currently limited to 60% LTV.
If you have any questions or require more information please visit our webpage or contact your local BDM 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
Your Local BDM:
Sam Morrison
Your Local BDM:
Neil Cadwallader
Your Local BDM:
Stuart Heavens
Your Local BDM:
Amar Mashru
Your Local BDM:
Arif Kara
Your Local BDM:
Nathan Waller
Your Local BDM:
Grace Bennett
Your Local BDM:
Darren Deacon
Your Local BDM:
Paul Roberts
We do not currently have a BDM covering your area. Please contact our Mortgage Helpdesk:
- 01372 744155
- 01372 745607
- mortgage.desk@familybsoc.co.uk
Opening hours: Monday - Friday: 9am - 5.30pm. Saturday: Closed
We may record any telephone calls we have with you in the interest of staff training, monitoring customer service or for security purposes.