The latest update from Family Building Society can be found here. Remember, we are able to package on a fees free basis for Family Building Society and also offer support to brokers who wish to deal directly via our mortgage club. Further details are available across our website. Full details of product range here.
Price reductions to our mortgage product range
Good news! We’ve made some significant rate reductions to our mortgage product range for both Owner Occupiers and Buy to Let.
These changes will take effect from 7 January 2022 and are summarised as follows:
Owner Occupier repayment:
- Reductions to 60% LTV products of between 0.15% and 0.35%;
- Reductions to 80% LTV products of between 0.30% and 0.50%;
- Our award winning Family Mortgage reduced by 0.45% to 2.84%;
- Joint Mortgage Sole Owner (JMSO) mortgages – product fees reduced from £999 to £599.
Owner Occupier Interest-Only:
- Reductions to our core range including Retirement Interest Only (RIO) of between 0.25% and 0.50%;
- Reductions to Expat products of between 0.57% and 0.67%;
- Joint Mortgage Sole Owner (JMSO) mortgages – product fees reduced from £999 to £599.
Buy to Let:
- Reductions to UK landlord products of between 0.20% and 0.45%;
- Reductions to Expat products of between 0.20% and 0.65%;
- Limited Company maximum LTV has increased from 65% to 70%.
Semi exclusive products
On top of our standard range of products we have additional semi exclusive products available via our packaging partners (including Brilliant Solutions).
The completion deadline for all fixed rate products is on Friday 1 June.
See full details of our product range here.
We have a team of BDMs ready, willing and able to answer any of your queries and guide you through the application process. If you don’t have a BDM in your area, you can contact our dedicated Mortgage Desk.
RATE REDUCTIONS ACROSS BOTH BTL & OWNER OCCUPIER SEMI EXCLUSIVES 7 JANUARY 2022
We have some great news to help kick start 2022 with rate reductions across our entire product range. Below are the semi exclusive products available to you for both BTL and Owner Occupier. These have also been reduced across the board and will be available on 7 January 2022 and I will send you the official flyers when I get them. Highlights include:
UK Landlord BTL
- 5 year fixed – 2.94% – £999 fee (60%)
- 5 year fixed – 3.09% – £999 fee (70%)
Ex pat BTL
- 5 year fixed – 3.19% – 1% fee (60%)
- 5 year fixed – 3.34% – 1% fee (70%)
Ltd Co BTL
- 5 year fixed – 3.24% – £999 fee (60%)
- 5 year fixed – 3.39% – £999 fee (70%)
Owner occupier interest only
- 2 year fixed – 2.59% – £999 fee (60%)
- 2 year fixed – 2.74% – £999 fee (80%)
- 5 year fixed – 2.74% – £999 fee (60%)
- 5 year fixed – 2.89% – £999 fee (80%)
We also have three brand new semi exclusive deals for large loans (£500,001 to £1m) owner occupier business for both C&I and IO. As opposed to our standard 0.3% fee for loans above 500k we have introduced a flat fee of £999 plus increased the cash back on re-mortgage cases from £500 to £800!!!
Rates for large loan cases
- Repayment 5 year fixed 2.74% (60%) and 2.84% (70%)
- Interest only 5 year fixed 2.84% (60%)