Why Choose us?

At Family Building Society we’re focused on delivering innovative and flexible mortgage products to meet the needs of the modern family across all generations and individuals not well served by the mass market.

We appreciate that ‘one size does not fit all’ when it comes to mortgages so we provide mortgages that work for everyone.

Find out more below or download our 'Why Choose Us?' leaflet.

Our key specialisms - what sets us apart as mortgage providers

Family assisted

As well as our traditional mortgages, we also offer specialist products tailored to first and last time buyers looking to get onto, or up, the property ladder.

Our offering includes our 100% LTV Family Mortgage, and our Joint Borrower Sole Proprietor (JBSP) products, available up to 90% LTV.

Explore our Family Assisted mortgages

Later life lending

We offer generous mortgage terms for clients approaching or in retirement - up until the age of 95.

We take into account earned income up to the age of 70 and other sources of income beyond that such as fixed pensions, pension pots, investments and rental income. Other income can be considered on a case-by-case basis.

Explore our Later Life mortgages

Self-employed mortgages

At Family Building Society we offer flexible mortgage solutions for self-employed clients, including sole traders, Ltd Company Directors and partnerships, including both Owner Occupier and Buy to Let products.

We assess self-employed applicants on their individual merits, taking a sensible view on their income.

Explore our Self-Employed mortgages

Landlords

We offer a range of Buy to Let mortgages, from fixed to variable rates for clients wanting to invest in a Buy to Let property. We also offer Buy to Let mortgages for Expats, and HMO mortgages for properties with up to six bedrooms and a maximum of six tenants.

Explore our Buy to Let range

Expat mortgages

We accept Owner Occupier and Buy to Let mortgage applications from Expats in over 40 countries including the USA and Canada.

We lend to UK nationals working abroad, along with UK nationals and foreign nationals working in the UK but paid in a foreign currency.

Explore our Expat mortgages

Retirement Interest-Only (RIO) Mortgages

As an alternative to equity release, our Retirement Interest-Only mortgage is available to older borrowers aged 55 and over on an Interest Only basis.

With no set end date, your client can borrow funds up to a maximum of 50% LTV and make monthly interest payments without the need to repay the capital until a significant life event occurs such as going into long-term care or passing away.

Explore our RIO mortgages

Bank of Mum and Dad (BOMAD)

Young people, particularly first time buyers, often need help from parents or other family members to raise a deposit to get onto the property ladder.

Following the research we carried out in 2019 with the London School of Economics we produced our definitive guide 'How to run the Bank of Mum and Dad'. We have also created a guide focusing on how your client can approach family borrowing conversations, including the implications on inheritance tax.

Explore the Bank of Mum and Dad guides

Remortgaging in later life

In early 2020 we launched our research report, ‘Later life borrowing in a world that’s living longer’.

Working with the London School of Economics we examined why older borrowers remortgage and what they do with the funds. Our research highlighted that older home owners are spending their housing wealth now rather than use their accumulated equity to provide for their future long term care needs.

Explore the Later Life Borrowing research