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Choosing Your Mortgage

At Shepshed Building Society, we want to make your life easier.

We understand that choosing the right mortgage can be difficult. There are so many options, each with different advantages. However, there will always be one mortgage which suits your individual needs.

Below is a summary of our current mortgage products on offer. To view detailed information about a particular mortgage product click on the corresponding number to the left of the summary details.

The Society's Standard Variable Rate (SVR) is currently 7.04% and the Bank of England Base Rate is currently 5%.

 

Residential (Owner/Occupied) Mortgages

 

Offset
 

1% above Bank of England Base Rate for the term
A variable interest rate of 1% above the Bank of England Base Rate, currently 5% for the term of the mortgage. Drawdown facility available but must be agreed when the mortgage is taken out. (Please refer to the product terms for additional information.)

Base Rate Tracker
  1.5% above Bank of England Base Rate
A variable interest rate of 1.50% above the Bank of England Base Rate, currently 5%, for term of the mortgage.

Discounted Rate
 

0.5% below SVR for the term
A discount of 0.5% off the Society's standard variable mortgage interest rate, currently 7.04% for the term of the mortgage.

 

Buy to Let Mortgages

 

Base Rate Trackers

1.75 % above Bank of England Base Rate.
A variable rate of 1.75% above the Bank of England Base Rate for the term of the mortgage. Maximum loan to value 85%.

Discounted Rate
 

0.25% below SVR for the term
A discount of 0.25% off the Society's standard variable mortgage interest rate, currently 7.04% for the term of the mortgage.

 



 

 

Shepshed Building Society, Bull Ring, Shepshed, Leics, LE12 9QD is authorised and regulated by the Financial Services Authority. Our Financial Services Authority registration number is 206067. You can check this on the FSA's register by visiting the FSA's website www.fsa.gov.uk/register or by contacting the FSA on 0845 606 1234.




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