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If your circumstances are more unusual, our personal approach to underwriting means that we may still be able to offer you the mortgage you want...

Joint mortgage sole owner (JMSO)

Our JMSO arrangement enables family members to support borrowers and adult children to support their parents with affordability when applying for a mortgage. 

  • Up to two occupying owners can live in the property and 
  • up to two family member(s) can support the occupying owner(s). 

We call these family members ‘non-occupying borrowers’ who will contribute to the repayment of the mortgage and be included on the mortgage but will not benefit from ownership of the property nor reside in it. 

In most cases we will initially establish the non-occupying borrowers’ net monthly income. We will then add this figure to the occupying owners’ income to confirm the total loan amount available. All individual borrowers will be responsible for their share of the payment of the mortgage, even if their personal circumstances changes. This means if the occupying owner is unable to make their mortgage payments, the non-occupying borrowers are liable for the repayments. If they can't afford to pay the full amount, then the property is at risk of being repossessed.

We allow up to 2 owner occupiers and up to 2 non-owning borrowers on a JMSO mortgage (so up to 4 people in total will appear on the mortgage). We must review any enquiries before you submit an application to ensure you are eligible.

Download our joint mortgage sole owner (JMSO) customer leaflet for more information.

Guarantor mortgages

We provide guarantor mortgages which enable us to consider parents’ or family members’ income to help with affordability on applications. If the parent or family member already has a mortgage or other credit commitments, these will be taken into consideration when calculating the affordability. The guarantor must be able to prove that they can cover the guaranteed amount of the mortgage loan, as well as their own existing commitments. The mortgages are considered subject to full underwriting and meeting our lending criteria.

Expatriate mortgages

We offer Owner Occupier and Buy to Let expat mortgages for properties located in England or Wales. We're able to lend to UK Nationals aged over 18 who are working abroad, and whose families are remaining in the UK subject to certain conditions. Our expat mortgages are only available on an Interest-Only basis. Please refer to our lending criteria for more information. For acceptable products and countries of residence please contact our dedicated New Business Team on 03330 140140 or email our New Business Team.

Second home

If your work requires you to live away from your main residence, a loan on a second home may be considered, subject to affordability. Interest-only loans are accepted on this basis.

Armed forces

Loans are available on an owner-occupier basis subject to certain conditions. For example, if you are a member of the Armed Forces currently serving elsewhere in the UK or overseas, and the property has previously been used, or is intended to be used as your main residence in the future.

Applications will be assessed on an individual basis. 

We now accept Forces Help to Buy (FHTB) as a source of funds for a deposit. For more information on FHTB, please visit the Forces Law website.

Flexibility to change occupancy status and subsequent product terms will be considered on request. This may be subject to standard fees and Early Repayment Charges.

Holiday home

Mortgage applications on holiday homes are available, subject to affordability which must be calculated against the applicants earned income without inclusion of any rental that may be received from the property. Interest-only loans will be accepted on this basis. It is intended that these properties should be for the applicants use but where the property may be occupied on a holiday let basis when the applicants are not in occupation. Applicants with portfolios of Holiday Homes will not be permitted.

Holiday homes will not be accepted where there is a formal AST or where they can only be used as a holiday home due to restrictive covenants within the deeds. Maximum Loan to Value will be 70%.

Tied accommodation

If you are currently in or moving to tied accommodation linked to your employment, such as a boarding school teacher, vicar / minster, estate worker etc., we understand you may not occupy your property until your current employment finishes, which could be many years in the future. To help with this, you may wish to rent out your property. 

We will consider these applications for residential mortgage customers who need to rent out their property under a consent-to-let arrangement. Please contact us to get more details.
Family Building Society
Ebbisham House
30 Church Street
Surrey KT17 4NL
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