The amount of first time buyer mortgages at the Vernon has increased.

There were 45% more completions from first time buyers at the Vernon in October 2014 when compared with October 2013.
 
Our Head of Sales and Marketing, Ian Keeling, said: “In October 19% of our mortgage completions were first time buyers. As a building society our aim is to support local people into home ownership and we do this by providing innovative and flexible products that are designed to meet the significant challenges facing many potential buyers. The increase in our first time buyer numbers suggests that our approach is helping, although unfortunately for many, the prospect of home ownership still remains out of reach due to the high cost of houses.”
 
We have qualified mortgage advisers available at each of our local branches and offer a range of savings and mortgage products for first time buyers. We also have a Mortgage Calculator which gives mortgage borrowers a guide to how much they can borrow with the Vernon.
 

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

© 2016 Vernon Building Society
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