Loughborough Building Society – UK Mortgage Lender
The Loughborough Building Society was founded in 1867 at Loughborough in Leicestershire. It is the 42nd largest building society in the UK.
The society has three branches, in Loughborough, Derby and Long Eaton.
Discounted Mortgages: 2 year, 3 year and 5 year discounted rate mortgages and remortgages.
Flexible Mortgages: variable rate mortgages with options for underpayments, overpayments and payment holidays.
Standard Variable Rate Mortgage: a variable rate mortgage where monthly repayments go up and down in line with the lender’s base rate.
Buy to Let Mortgages: 2 year discounted rate and standard variable rate mortgages and remortgages.
The Loughborough Building Society is a mutual building society that offers a good range of products but also with the benefit of ensuring that all profits are returned to customers in the form of favourable borrowing rates.
Mortgages are the backbone of the Loughborough Building Society’s product range and they have prided themselves in offering a simple yet effective range of products. As well as the traditional personal residential mortgages the Loughborough Building Society offers buy to let and commercial mortgages that are decided on a case by case basis, without the use of traditional credit ratings.
Other product ranges include insurances which can be obtained online together with personal loans and credit cards which can be linked to the mortgage or can be obtained independently.