Mortgage Case Studies | Family Building Society

Moving closer to family

Later life lending

During the pandemic returning customers Rod and Sue decided that they wanted to be closer to their daughter but finding the funds they needed to move proved to be challenging.

A longer mortgage term to make monthly payments more affordable

Later life lending

Warwick and Lynda wanted to decrease their monthly mortgage payments, without having to resort to Equity Release

The Family Mortgage - helping first time buyers with small deposits

Family-assisted mortgages

Choosing the Family Mortgage to buy their first home together

A repayment mortgage even in retirement

Later life lending

Christine and her husband were looking for a repayment mortgage in their retirement but needed a long mortgage term

Helping the retired back into home ownership

Later life lending

When their landlady told them she wanted to sell the house, David and his wife decided to get back on the property ladder

Giving the retired peace of mind with their home

Later life lending

Gavin wanted to carry on with an Interest-only mortgage so he could stay in his home without having to downsize or rent

Helping the retired move home and borrow more

Later life lending

Pat and Peter wanted to move home and live closer to town. Affordability was not a problem, however their age was

Making savings work in retirement with an Offset mortgage

Offset mortgages

Rod and Susan wanted to move home, but their current mortgage lender was unable to offer them a mortgage due their age

Helping the retired locate to a new family home

Later life lending

Keen to be closer to their children, David and Moyra were not aware their age would be a problem when finding a mortgage.

Buying their dream home in later life

Later life lending

David and Valerie had found their perfect home to spend their retirement but were finding it hard to get a mortgage at aged 65

Helping the retired afford a holiday of a lifetime

Retirement Lifestyle Booster

David wasn't ready to downsize and needed to find a mortgage that would help him fund his dream holiday

Having more freedom with a Retirement Lifestyle Booster mortgage

Retirement Lifestyle Booster

David and his wife were looking for an alternative to equity release and wanted to be able to treat themselves

Choosing an Offset mortgage and making home improvements

Offset mortgages

Tom and Pamela, both retired, wanted to make some home improvements without dipping into their savings

Remortgaging to help their son buy a home

Later life lending

Wary of equity release, Paul and Judy were looking at alternative options to help their son move to a bigger property

Taking a sensible approach to intergenerational lending

Family-assisted mortgages

Susan and Roger, both retired, were looking for a joint Interest-Only mortgage with their son

Helping a couple stay in their home and close to their family

Later life lending

Mr Grice's mother was very elderly and in need of regular support, so the Grices were keen to stay in their home

Choosing the Windfall Bond over other Savings Accounts

Notice accounts

Mr Theobald was frustrated to see his money earning little interest and at least wanted a product with some perks

Disappointed with his Premium Bonds, Mike found the Windfall Bond

Notice accounts

Mike decided to try our Windfall Bond Savings Account. Not only did he earn interest on his savings, but he also won a prize

Making the most of my redundancy money with a Market Tracker Saver

Easy access

Catherine was looking to invest her redundancy into a easy access savings account offering a competitive interest rate