Our Mortgage Advice Service is free of charge. So if you are looking for a mortgage and would like some help with the
application process, why not give us a call?
Our team of qualified mortgage advisers will:
- Complete a Fact Find with you over the phone
- Recommend a Family Building Society mortgage product that suits your needs
- Guide you through the application process and be your point of contact should you have any queries up to completion.
What is a Fact Find?
The Financial Conduct Authority (FCA) introduced new rules on 26 April 2014, to make sure that when you take out a mortgage
you can afford it and it suits your needs and circumstances. Since then all mortgage lenders - including Family Building Society, must
check that you can afford your repayments now and in the future. To do this a Family Building Society Mortgage Adviser will collect
information about your personal financial circumstances, including income and outgoings, via a series of questions which we call
a Fact Find. We will also look at how a rise in interest rates might affect your ability to keep up with your monthly payments.
How long does the telephone call take?
You will need to have two telephone calls with a Family Building Society Mortgage Adviser. The first call should last
around one and a half hours and the second call around half an hour.
The purpose of the first phone call is to go through the Fact Find. Once the Family Building Society Adviser has
collected the information we need, he / she will provide you with mortgage advice and recommend a mortgage product. At the
end of this process you will receive a Key Facts Illustration (KFI) - an individual recommendation detailing which of
our mortgage products might suit you best.
The purpose of the second call is to talk through the KFI, explain why the product we have recommended is suitable for
your needs and what happens next.
How do I arrange a telephone call with a Family Building Society Mortgage Adviser?
There are two ways to contact us - either via the on request a call back form or by calling our New Business Team on 03330 140140. Opening hours are Monday to Thursday: 8.00am to 6.00pm,
Friday: 8.00am to 5.30pm and Saturday 9.00am to 12.00pm.
What information will I need to have to hand before my telephone appointment?
You should ensure that you have a full breakdown of all your income as well as all your expenditure. For
debts such as loans, credit cards or mortgages you should know all the outstanding balances as well as
when they started and are due to end.
You will also need the policy details of any life insurance
policies you hold along with details of any savings accounts or investments that you have.
We look forward to speaking with you!
Borrowers must be aged 18 years or over and to comply with legislation the Society will need to confirm identity prior to completion of the mortgage. Details of the identification needed will be supplied on request. Loans are subject to valuation and status. Additional security may be required.
THE MORTGAGE WILL BE SECURED ON YOUR HOME
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE