A fixed rate mortgage offers a fixed interest rate for a set period of time. This allows you to know exactly how much you will have to pay each month for the period of the fixed rate. After the fixed rate period has ended, your interest rate will revert to the Society's Standard Variable Rate for the remainder of the mortgage term.

Base Rate Tracker

A variable rate mortgage tracks the Society's Standard Variable Rate, for a set period of time. This means the interest rate you pay changes in line with any changes to the Society's Standard Variable Rate.

A discounted rate mortgage gives you a discounted rate of interest on your mortgage for a set period of time. The discount is applied to the Society's Standard Variable Rate. This means the interest rate you pay changes in line with any changes to the Society's Standard Variable Rate. After the discount period ends, your interest rate will revert to the Society's Standard Variable Rate for the remainder of the mortgage term.

Self-certification mortgages are available for self-employed applicants only, who are unable to verify their income. This may be due to your income coming from a number of sources or where you have income from a second job. Self-certification requires that you state what your likely income will be. The Society requires self-certified applicants to have a minimum trading period of two years and be able to provide personal & business bank statements.

A Buy to Let (BTL) mortgage is specifically designed for people who want to invest in the property market by purchasing one or more properties (the Society only allows a maximum of 4 BTL properties in total with all lenders) and letting them out to tenants. You are then able to benefit from any appreciation in the capital value of the property itself or from income provided through the tenant's rent.