When we took out a mortgage a few years ago, we knew nothing about it before we started. In order to get the best deal, I researched all the options very thoroughly.
In the end we opted for a flexible life-time discount from the Scarborough. Of course it is up to the individual borrower what type of mortgage they wish to take out, but having decided we wanted a flexible discount, we opted for the Scarborough for the following reasons:
It is not a "bells and whistles" mortgage, no cashback etc, instead they offered a good product at a good rate.
They were very patient when we phoned up and helped us through it
They are a buildingsociety and have the ethics and customer care of a buildingsociety
Most importantly, there are no penalties or tie-ins attached to the mortgage, so we're free to change our minds at any time. (in ...
Advantages: Competitive Rates Disadvantages: Only A Few Branches
the only premises were above a Grocer's Shop in Barnsley Town Centre.
In 1938 the Society moved to its current premises, a purpose built building called Permanent House in 1938. This was built at a cost of £50,000 and it is still the location of the Society's head offices today.
After the Second World War the Society changed its name to the Barnsley BuildingSociety and spread outwards from its central roots, opening branches throughout South Yorkshire, West Yorkshire and North-East Derbyshire.
WHAT THEY OFFER
The services offered by the Barnsley BuildingSociety fall broadly into three main categories. These are as below:
Savings and Investments
Mortgages and Loans
Other Financial Services
Savings and Investments - There are many different accounts available to suit different needs. Within the General Accounts ...
Advantages: Good selection of financial products Disadvantages: If your requesting a transfer don't expect it to be easy
As a loyal Portman BuildingSociety Customer I was a little sceptical as to what to expect when they were bought out by Nationwide BuildingSociety.
Nationwide claim they are "Proud to be different", and they certainly are. Although they supply a large number of high interest savings accounts, fixed rate ISA's at a whopping 6.15 percent and great value deals on mortgages I noticed a couple of downfalls as well.
With specialised savings accounts customers are normally issued a passbook to track their investment records. Nationwide's Passbook is dark blue in complexion with the Nationwide logo emblazoned on the front in gold. The pages inside in my opinion are not of very good quality especially compared to the offerings of the Yorkshire BuildingSociety and Britannia. In a passbook I like to be able to clearly see my transactions ...
