Lenders

Britannia Building Society – UK Mortgage Lender

The original ancestor of the Britannia Building Society was the Leek and Moorlands Building Society, founded in 1856. Following a series of mergers during the past 150 years, most recently the takeover of Bristol and West’s branches and savings accounts, the Britannia Building Society, as we know it today, is now the second largest building society in the UK.

The society currently has more than 250 branches in the UK.

Mortgage Products

Fixed Rate Mortgages: 2 year, 3 year, 5 year, 7 year and 10 year fixed rate.

Tracker Mortgages: 2 year discount and lifetime tracker mortgages and remortgages, with offset option.

Standard Variable Rate Mortgage: a variable rate mortgage where monthly repayments go up and down in line with the lender’s base rate, which can be paid off early without any penalties being applied. Interest is also calculated daily, so any repayments take effect immediately.

Unlike many other building societies, Britannia Building Society also offers a rather extensive range of loans for a variety of purposes, not all related to home purchasing. Some of the loans available include car buying plans and personal loans; others are specifically aimed at home owners. The home owner loans are secured on the property and are, therefore, generally at a better interest rate than unsecured loans.

Other services include credit cards, savings and insurance products. Britannia also has an affiliation with a firm of solicitors to offer conveyancing for all types of home purchase.

Website: www.britannia.co.uk