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
High Net Worth
Our High Net Worth Interest Roll-Up mortgage is designed for affluent clients with significant assets, complex income structures and long-term financial objectives. This mortgage provides access to substantial borrowing without the need for regular monthly mortgage payments.
Available for both Owner Occupier and Buy to Let lending. Every case benefits from our exclusive Service Promise, with a dedicated Senior Underwriter from application through to completion.
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
- Joint Borrower Sole Proprietor (JBSP) products, available up to 90% LTV.
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.
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, including student let properties.
Self-employed mortgages
At Family Building Society we offer flexible mortgage solutions for self-employed clients, including sole traders, Ltd Company Directors and partnerships with two years trading considered. Available for both Owner Occupier and Buy to Let lending.
We assess self-employed applicants on their individual merits, taking a sensible view on their income.
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.
RIO Mortgages
As an alternative to equity release, our Retirement Interest-Only (RIO) 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.
Bank of Mum and Dad
Research and resources to help families support first-time buyers, including guidance on family lending and the difficult conversation.
Remortgaging in Later Life
Research into why older borrowers remortgage and how they use housing wealth in later life.