Helping first time buyers to flee the nest

5 Nov 2021

Do you have clients finding it hard to get onto the property ladder? 

Here at the Family Building Society, helping families is central to everything we do. We have a range of mortgage options to support first time buyers including a Joint Mortgage Sole Owner arrangement and our award-winning 95% LTV Family Mortgage.

Joint Mortgage Sole Owner

Our JMSO arrangement allows family members (parents and adult children) to help each other with affordability when applying for a mortgage. 

  • One or two borrowers (who will own and occupy the property) and up to two other family members can support the borrower(s) by using up to four incomes for affordability. Supporting family members will be listed on the mortgage but will not own the property.
  • Allows maximum 75% LTV for Owner Occupiers and 65% LTV for Buy to Let.

Family Mortgage

Our Family Mortgage allows family members to combine their wider assets as security to help the borrower benefit from a competitive rate when faced with a 95% mortgage. Your client can; 
  • Borrow up to 95% LTV on their first property with our 5 year fixed rate at 3.29%.
  • Include family members' savings and/or property as security.
  • Include family members' savings as security in an offset account to reduce the amount of the mortgage on which interest is charged.
  • Benefit from six month unemployment cover at no extra cost (subject to conditions).

At the Family Building Society, we have a common sense approach and assess each application on it's own merit. We also offer tailored credit checks, taking a holistic view of your clients' finances, not just assessing a predefined set of criteria. 

Find out more

For more information on our mortgage products, please visit our website 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

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, previously a mortgage broker, focuses on Cambridgeshire, East Sussex, Essex, Suffolk, Hertfordshire, Bedfordshire, Lincolnshire, Norfolk and Kent. Contact Nathan for help with your clients' mortgages.
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Your Local BDM:

Grace Bennett

Grace focuses around the West M25 area. Contact Grace 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 as well as the Southwest. 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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