We have launched a competitive range of fixed rate mortgages. With 5 year terms, first time buyers and home movers can borrow up to 95% of their property’s value and benefit from the security a fixed rate delivers.

"Demand for longer term fixed rate mortgages continues to grow as consumers seek to protect themselves against rises in interest rates. There’s so much uncertainty around Brexit negotiations and the noises from the Bank of England suggest a rate rise will be sooner rather than later so we expect funds allocated to this product to be taken quickly." says Ian Keeling, our Director of Sales and Marketing.

The news comes as Bank of England Governor Mark Carney recently stated that “If the economy continues on the track that it's been on, and all indications are that it is, in the relatively near term we can expect that interest rates will increase.”

We have qualified mortgage advisers available at each branch and offer a range of savings and mortgage products for first time buyers. Click here for our full range of fixed rate products.

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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