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.
Student lets accepted under our HMO criteria
We’re pleased to announce that we accept student let properties under our HMO criteria, where the property is located in one of our approved areas: Birmingham, Cambridge, Cardiff, Leeds, London, Manchester, Newcastle, Oxford and York.
This enhancement reflects our commitment to supporting landlords and providing solutions for a wider range of Buy to Let cases. As a specialist lender, we look beyond standard lending criteria to support a broader range of landlord circumstances, helping brokers find solutions for more complex cases.
Our HMO criteria includes:
- Up to six bedrooms
- Up to six tenants
- Up to 75% LTV
- Personal and limited company landlords
- Expat landlords
- Student lets in approved locations