Here at Family Building Society, we consider each and every mortgage on a case by case basis.

We have a refreshing common sense approach, and as all underwriting is manual, (and reviewed by real human beings), we can be flexible and consider complex and unusual cases.

When it comes to Interest-Only lending, did you know...

• We offer Interest-Only mortgages across a range of products including discounted and fixed rates, up to 80% LTV
• We lend up to age 89 at application and do not credit score
• We will consider Interest-Only lending even if the repayment vehicle is downsizing. 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.

Affordability calculator with Interest-Only option

With Interest-Only lending we have no set minimum income requirement, as client income is based on affordability. To find out how much your client can borrow, check out our Affordability Calculator which now includes an Interest-Only option.

We accept repayment strategies that require no associated costs such as downsizing, sale of another property (in England and Wales only), sale of other assets (for example second home) and existing investments or savings.