With buyers with low deposits struggling more than ever to get on the property ladder, we're dedicated to providing options and solutions to help the younger generation own their first home. 
 
An alternative way for family to help
Our award winning Family Mortgage allows family members to use their savings or property equity as security without having to gift or loan money.
 
This can be done in one or a combination of three different ways: 
1. A charge over their property, ideal for family members who have significant equity but want to have access to their savings.
2. Deposit savings in our Family Security account which earns interest.
3. Deposit savings in our Family Offset account which further reduces the mortgage on which interest is charged.

A reminder of the features of our Family Mortgage 
• 2.99% 5 year fixed rate
• 95% LTV subject to 20% additional security from family member(s). The 5% deposit can be gifted.
• Payment waiver built in. We will meet the mortgage payments for up to six months if a borrower loses their job (subject to conditions).
• Stamp Duty friendly. The mortgage is in the borrowers name, so the 3% charge for second properties does not apply.

You can find more information on our Family Mortgage here

We have a team of BDMs ready, willing and able to answer any of your queries and guide you through the application process. If you don’t have a BDM in your area, you can contact our dedicated Mortgage Desk.