We always want to be completely transparent about our service levels, so please see our latest figures below for when you're ready to place a case. Talk direct... 1 MIN 41 SECS to start talking to your Sales Support team Turnaround... <1 DAY review on all new apps Response... <1 DAY to review uploaded docs Decisions... 15 [...]

70 years in the mortgage market With the Queen’s Platinum Jubilee fast approaching, now seems a good time to look back at the last 70 years and consider the UK’s mortgage market and the changes we’ve seen. So, let’s take a trip back to May and June of 1952, a time that saw the [...]

Buy to Let New Business Accord withdrew and replaced products across its BTL new business range, with rates increased by up to 0.46% across all LTVs. A minimum of £300 Cashback has been added to all Fixed Rate products that don’t include the Accord Remortgage Legal Service. This is to provide flexibility to customers [...]

The following changes will be made to the lending criteria for LV= lifetime mortgages. In summary: Our maximum flat roof percentage has increased from 50% to 100%. We will now be able to take a more flexible approach to properties in proximity to commercial/non-residential buildings. Flat Roof We have increased our maximum flat roof [...]

Welcome to this week's Mortgage Update. Please take the time to read through the update as there may be some information that is important to you. Our lender updates include CHL: Rising living costs and the appeal of HMOs Foundation: Market health check, landlords optimism and intentions The Nottingham: Are you ready to unwrap [...]

The costs associated with buying a first property outright have surged, and buyers not only face an increase in house prices but potentially tighter credit restrictions imposed by lenders due to the rise in the cost of living. With house prices increasing, buyers' deposits have also increased. The average deposit required has tripled in [...]

At Family Building Society, we know applications aren't always straightforward. That's why you come to us. But no matter how complicated they are, we still want to get your applications through as quickly as possible. Find out how can you help us to help you, and download our handy minimum requirements checklists. Find out more [...]

HMOs continue to be a strong option for professional landlords who are experienced in dealing with this property type or who have a support network in place to manage their extra demands. The continued appeal of HMOs is evident in the strength of the yields on offer, as highlighted in the Q1 2022 Landlord [...]

The information in this post is intended for mortgage professionals. Customers should not interpret any part of this as financial advice. If you require advice on a new or existing mortgage you should contact your mortgage broker. With Spring on the horizon and a return to ‘Plan A’ restrictions in England, there is a [...]

Our Joint Mortgage Sole Owner arrangements offer a family solution to affordability. You may have always thought of it as a way for parents to help their children onto the property ladder or financially assist them with renovations. But did you know JMSO can also be used by adult children to help their parents [...]