Our approach to setting interest rates differs markedly from many other institutions. We endeavour to provide competitive rates to all customers for the long term.

The savings market has been impacted significantly by the Bank of England's 'Funding for Lending' scheme.  We initially protected our savers by taking many products off the market in order to maintain rates, however we now have no choice but to take further action and we are therefore reducing certain interest rates on 1st June 2013.  Details of the new savings rates can be found here.

For borrowers, our standard variable mortgage rate will be reducing by 0.15% to 5.10% on 1st June 2013.

 

Head office:

Vernon Building Society
19 St Petersgate
Stockport
SK1 1HF

Tel: 0161 429 6262
Fax: 0161 477 3303
Email: info@thevernon.co.uk

Telephone calls are recorded and may be monitored for regulatory and training purposes to help maintain service quality.

*The 'AER' stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Vernon Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (registration number 195475).  You can check this on the Financial Services Register. We are also a participant of the Financial Services Compensation Scheme (FSCS). Details of the scheme can be obtained from www.fscs.org.uk

Telephone calls are recorded and may be monitored for regulatory and training purposes to help maintain service quality.

For independent information about financial products and services visit  www.moneyadviceservice.org.uk

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