Family Building Society offers products including the ‘family mortgage’, which allows family members to support buyers with savings or housing equity to secure a cheaper rate.
Connect for Intermediaries has added Family Building Society to its packaging lender panel.
Family Building Society offers products including the ‘family mortgage’, which allows family members to support buyers with savings or housing equity to secure a cheaper rate. It also offers over-60s a ‘retirement lifestyle booster mortgage’ as an alternative to a traditional equity release solution.
Kevin Thomson, sales director at Connect for Intermedairies, said: “We are delighted to welcome the Family Building Society to our panel.
“Their product options help address a number of challenges that our helpdesk regularly face from brokers particularly in relation to first-time buyers and clients looking to borrow into retirement.
“It also gives our specialist expat team another buy-to-let solution meaning we can now help brokers place even more enquiries by accessing the best mortgage solution from a panel of 35 expat lenders.”
“The smaller societies have shown innovative solutions to the issues facing clients in today's housing climate and the Family Building Society clearly demonstrates that with their product range and I am confident that their products will be warmly received by our broker community.”
Cammy Amaira, head of intermediary sales at Family Building Society, said: “Joining the Connect for Intermediaries panel is a great opportunity for the Family Building Society.
“Like us, they really know and understand the needs of the challenges faced by first time buyers and older borrowers – an underserved market that we have been helping for many years through our innovative product suite and philosophy of individual underwriting.”
