Society

They’ll slash your savings rates… but how many building society fat cats will cut THEIR pay?

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For nearly 250 years, building societies have played an important part in maintaining the financial fabric of communities up and down the country. Providing loans for home buyers and a safe place for savers to squirrel away their hard-earned cash. Although their numbers have shrunk dramatically over the years, the stoic 43 that remain continue … Read more

Vernon Building Society launches offset retirement interest-only deal

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Retired homeowners looking to convert their home equity into cash have in the past had limited options. Traditionally, the route to do this was through equity release, usually through a lifetime mortgage – but these are often expensive, and can eat into a borrower’s remaining home equity, limiting what they leave behind in inheritance.  But … Read more