Our Family Mortgages

We know many younger borrowers may only have a small deposit to put down on a property. The Family Mortgage brings wider family assets like savings and property as security into the mortgage calculation. This allows the buyer to benefit from a fair and reasonable rate that may not be available from other lenders, when faced with a 95% LTV.

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All of these mortgage products have limited funds available and may be withdrawn at any time. Our mortgages are available to applicants aged 18 and over for properties in England or Wales.

Unique features of the family mortgage

Security Account

Family members can provide security for the buyer's mortgage by depositing savings in our Family Security Account, which earns interest. This money acts as security for the mortgage and reduces the risk, so that we can offer a fair and reasonable rate for a 95% mortgage.

Security Through Property

Even if they don't have spare cash a family member can give a charge over some of the value in their property. By providing this security, the buyer could benefit from a fair and reasonable rate for a 95% mortgage.

Offset accounts

Offset Account

Money from a family member can be placed in our Family Offset Account at the start of the mortgage. In doing this, they reduce the amount of the mortgage on which interest is charged by the amount held in that account instead of receiving interest on the savings. Family members won't earn any interest on savings held in a Family Offset Account.

Unemployment Cover

As an additional benefit, the Family Building Society will meet a buyer's share of their mortgage repayments for up to six months, should they become unemployed through no fault of their own (subject to certain conditions).

  • Case Study

    The Davies family

    Mr and Mrs Davies wanted to buy their first home, but as relatively young professionals funding a large enough deposit was an issue.
    Download case study
    CaseStudy-FamilyMortgage-LeeNicole
  • Case Study

    First time buyers, Sarah and Adam

    Using family help to help the next generation get onto the property ladder.
    CaseStudy-FirstTimeBuyers-SarahAdam

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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:

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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