History

The Earl Shilton Permanent Benefit Building & Land Trust was first founded in December 1856 and has enjoyed a long, strong history. Its head office is located in Earl Shilton, Leicestershire. Through a few transformations, it is now called the Earl Shilton Building Society.

It is the 53rd largest building society in the UK and is a member of the Building Societies Association. There are two branches: the head office and another one in Barwell. It is an independent mutual building society run by the members. They have a strong, proud mandate and feel that they will always:

• Remain a small mutual organization
• Offer personal service to members, putting their interests first
• Hire staff who are caring and efficient who will listen to the customers needs
• Keep the members at the core of everything they do
• Offer attractive rates on savings accounts and mortgages
• Provide excellent long term value
• Support the local community through charity donations and fundraising.

Remortgages offered through Earl Shilton Building Society

To apply for a mortgage or remortgage you much be at least 18 years old. All applications will be subjected to the same conditions. They accept applications from applicants purchasing or remortgaging in England or Wales. The following is a listing of their remortgage schemes:

Tracker - your initial rate is set according to the Bank of England Base rate plus a small charge determined by the Society. It stays at this rate for the first 5 years. It then reverts to a higher rate set above the Bank of England base rate. Interest on your mortgage is calculated daily. An arrangement fee is applicable. An early repayment charge is applicable if you repay your mortgage within the first 5 years.

Standard Variable Rate - this rate is set by the Society. There is no arrangement fee. An early repayment charge is applicable if you repay your mortgage within the first 2 years.

Buy to Let - your mortgage is set above the standard variable rate for the whole mortgage term. An arrangement fee is applicable. An early repayment charge is applicable for the first 2 years.

Discount Mortgage - your mortgage is set at a discount off the Society's standard variable rate for an agreed period of 3 and 5 years. After the discount period has finished the mortgage will revert to the Society's standard variable rate. An arrangement fee may be applicable. An early repayment charge may be applicable.