Saffron Walden Building Society
Mortgage Providers
This society was established in 1847. It has a network of 12 branches serving the communities of Cambridgeshire, Essex, Hertfordshire, Suffolk and London as well as many agencies in the region. In 2004 its assets reached £460 million.
It is a mutual society and as such always tries to plough back any good fortune to its members. It does this through higher interest rates for savers and continuing to offer lower rates for borrowers. Any surplus funds are used to increase their reserves to give extra security and stability.
Its choice of mortgage products include;
Fixed rate mortgages;
Discount mortgages;
Two year capped discount mortgage;
Stepped discount mortgage;
One year discount mortgage;
Tracker mortgages;
2 year capped tracker mortgage;
Tracker mortgage;
Place in the sun re-mortgage.
Specialist mortgages include;
Self build/major renovation mortgage
They are an independent organisation working with the country's largest Friendly Society, Liverpool Victoria, to provide a further broad range of products and services for its 90,000 members.
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