With two branches and six agencies throughout the UK, Bath Building Society might not be one of the biggest members of the Building Society Association, but it is one with a long history, opening initially in 1904. The Society offers a range of financial services, including expert advice, savings accounts, and investments. Here, however, we’re going to take a closer look at the different mortgage products available and why property buyers might want to consider borrowing from Bath Building Society.
An entirely independent mutual institution, Bath Building Society may be amongst the smallest of its kind in the UK, but that is no reason to underestimate it. Set up to use Member’s investments in buying property, it has continued going strong with the strategy since 1904. Indeed, since 1980, the Society’s assets have increased nearly thirty-fold, remaining strong through the financial crisis when other, larger building societies crumbled. Bath Building Society is also strongly involved in community events in the area, sponsoring The Bath Fireworks Display, Bath in Bloom, and more.
Bath Building Society offers a varied range of mortgages for individuals, including a range of products that can be hard to find elsewhere. Here, we’re going to take a look at some of the mortgages on offer, including some of the more specialized deals.
A particularly good feature when borrowing from the Bath Building Society is that they look not just at earnings, but also records of paying rent, making them particularly helpful to first-time buyers.
With a wide range of specialist loans, most of them aiming to make home ownership much more attainable, it’s easy to recommend Bath Building Society for first-time owners. Their rates aren’t the best in the market, but they are competitive, making up for it through a highly diverse range of products.