Stafford Railway Building Society Mortgage Lender Overview

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Stafford Railway Building Society

Stafford Railway Building Society – UK Mortgage Lender

The Stafford Railway Building Society was founded in 1877 by a group of railway workers in Stafford. It is the 51st largest building society in the UK.

The society has one branch located in Market Square, Stafford.

Mortgage Products

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: standard variable rate mortgages available for single occupancy and multiple occupancy properties.

One of the many building societies that deal with a specific type of borrower. In the case of the Stafford Railway Building Society it deals mainly with railway workers. Initially, when the building society was first established the railway workers were a much larger group and had specific housing requirements; however more recently their remit has become more general and others can now gain access to the products.

Typically rates of around 6.3 % are offered on standard owner occupied properties with increasing rates for buy to let properties and for commercial properties. As a specialised and small building society the Stafford Railway is still able to look at individual circumstances in order to provide the best possible deal for the customer.

The Stafford Railway Building Society also offers saving and insurance facilities both for mortgage customers and independent clients. Although the society is based in Stafford the services are available to anyone across England and Wales online or by phone.

Website: www.srbs.co.uk

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Typical Interest Payments

First Time Buyers

2.89%

Purchased Fixed

2.89%

Discounted Rate

2.99%

Buy To Let

2.99%

Commercial

3%

 

 

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