Our Mortgage Services

Mortgages for the Self employed

Are you self-employed but finding no one understands your income? The Society will work closely with your Accountant and consider various sources when assessing income. Retained earnings and one-off items can be added back into the income figures where relevant and other provable sources of income can be used to calculate your true income. The Society does not just look at drawings when assessing your income. 

Self- build / Barn Conversions / House Renovation

If you are looking to raise funds to finance the purchase of a plot of land and/or to finance the building of a new 
self-build property / renovate an existing property, by releasing money in stages as the build progresses / takes place rather than a single amount, why not speak to one of our friendly and experienced mortgage managers about our self-build / renovation mortgage products.  

Lending in retirement

Are you retired / semi-retired and looking to raise funds using the equity in your own house to for instance make home improvements to your property, to give a family member a helping hand onto the housing ladder etc? Maybe you have a mortgage with another lender which is due to expire, and your lender will not allow you to extend the term of the mortgage.  Why not speak to one of our friendly and experienced mortgage managers about our Lending in Retirement mortgages.  

Short term lending – an alternative to bridging

Have you identified a property but for whatever reason you are not going to be able to sell your current house first? We can assist with a short term mortgage which is cheaper than bridging, and we can lend 100% of the purchase price, subject to a maximum LTV of 80% across both properties. As you need to make monthly mortgage payments during the loan term, we will need to undertake an assessment of affordability and the short term lending can be on interest only if the repayment strategy is ‘sale of existing property’.  

Properties with land

Our mortgages for properties with land are designed around anyone looking to buy a rural property which may or may not come with with land and buildings. 

A business can be run from the property for example, equestrian centre, kennels, cattery etc and we will look at properties which have restrictions such as a section 106. We have years of experience of lending to customers who wish to live and work in the countryside.