We have launched a competitive range of fixed rate mortgages. With 3 and 5 year terms; first time buyers and existing home owners can borrow up to 95% of their property’s value and benefit from the security a fixed rate delivers.

"The appetite for fixed rate mortgages is increasing as borrowers wish to hedge against any future rises in the base interest rate," says Ian Keeling, our Head of Sales and Marketing.

The news comes as independent financial comparison service, Moneyfacts reports that ‘building societies are winning the mortgage war’, with the average five-year fixed mortgage rates lower than those of banks by 0.30%. “The report is unsurprising,” says Ian. “With no shareholders, we are not pressured to maximise profits to pay away as dividends; we seek to offer the best deal we can to both our savings and mortgage customers”.

We have qualified mortgage advisers available at each branch and offer a range of savings and mortgage products for first time buyers.

Check out our 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
All rights reserved