Proud to support keyworkers with an enhanced mortgage product
Here at Swansea Building Society, we are proud to have been able to add key workers from a number of sectors, all of whom have played a critical role in helping the UK through the COVID-19 pandemic, to the list of professions that are eligible for enhanced terms.
Our ‘Professional’ Mortgage product offers a lower interest rate to individuals in a range of professions ranging from accountants to engineers to solicitors to architects.
Now, in recognition of the critical role keyworkers from many professions played in the country’s battle with COVID-19, we have added 11 additional professions to our list of those eligible for the product.
Bank workers, delivery drivers, military personnel, pharmacy workers, mail carriers, utility workers, farmers, truckers/lorry drivers, grocery shop workers, carers and medical workers such as paramedics have all been added to the list.
The updated eligibility list will apply from October 1, 2020.
“The coronavirus pandemic brought huge challenges for the country and, like everyone else, Swansea Building Society has huge admiration for the key workers that kept the economy moving through unprecedented times,” said Alun Williams, our chief executive.
“The staff in the NHS did an incredible job but there were also many other keyworkers in different industries that worked through the pandemic. We wanted to do something that recognised their efforts and felt that adding them to our list of professions eligible for our Professional Mortgage product was the right thing to do.”