Notices
  • Our 1 Year Fixed Rate Bond (28) is now on sale paying 2.90% on balances of £20,000+ and can be applied for exclusively online only. Find out more.

  • Rate changes following Bank of England decision to raise its Bank Rate to 1.75% on 4 August 2022:

    Savings:  Rate increases for Windfall Bond and Tracker Savings Bond apply from 1 September. (Updated 04/08/22)

    Mortgages: Tracker mortgages will change on 25 September and we will write to customers individually with revised payment details where the new rate exceeds the minimum rate (or ‘floor’) already applying to their mortgage. (Updated 04/08/22)

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The Family Mortgage

Helping buyers with a low deposit to purchase a property, using security provided by their family.

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The mortgage will be secured on your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

The principle behind our family assisted mortgage is simple. It helps families help their family members take the first step on the property ladder.

As long as you have at least a 5% deposit (which can be wholly gifted), and you have family that can give us additional security by using their savings or having a charge on their own property, we may be able to help. Find out more about our Family Mortgage below.

 

How it works

There are many ways you can use family support to get a 95% LTV mortgage without the need for a gift or loan.

Family Mortgage product information

The Family Mortgage is available for borrowers with a minimum 5% deposit, plus family help in the form of savings, property value or a mixture of the two.

Frequently asked questions

Getting a mortgage is a big commitment and you're likely to have a lot of questions. We've created a list of some of the most commonly asked questions.

Monthly repayment calculator

Use our calculator to find out how much your monthly repayments will be. This illustration is based on the property value, mortgage term, your deposit and family contribution.

The Family Mortgage enquiry form

Complete our simple enquiry form to help us understand your requirements and if the Family Mortgage is right for you.

Family Mortgage lending criteria

Our lending criteria guide provides information such as how much we may be able to lend, for how long and the types of property we will lend on.

Bank of Mum and Dad

Helping loved ones onto the property ladder?  We have created a series of simple guides on how to run the Bank of Mum and Dad and important things you need to consider.