Mortgages
The Society offers a variety of mortgage products, all of which are designed to meet any requirements which you may have.
Interest on all of the Society's mortgages is calculated daily meaning that your repayments make an impact immediately.
The Society will consider a maximum mortgage of up to 90% of the purchase price or valuation whichever is the lower unless the selected product specifies otherwise.
An OFFSET SAVINGS FACILITY is available on all of the Society's mortgage products.
With an Offset Mortgage you are obliged to open at least one offset savings account with the Society. You may have up to a maximum of 75% of your loan held in an Offset Savings Account. The balance on your savings will be offset against the balance on your mortgage resulting in interest only being charged on the net amount borrowed. For example if you had savings of £10,000 and a mortgage of £100,000; although no interest would be paid by the Society on your savings you would only be charged interest on £90,000 of the mortgage.
For more details on any product please click on the appropriate link on the left.
The Society is authorised and regulated by the Financial Services Authority and our FSA Register Number is 206064. Further information can be obtained by visiting the FSA website at www.fsa.gov.uk
We will provide you with the following documents prior to you applying for a mortgage with the Beverley.
- Initial Disclosure Document
- Mortgage Terms of Business
- Key Facts Illustration
For more information on Keyfacts Illustrations visit the Financial Services Authority consumer website at www.fsa.gov.uk
For details of how to apply for any of the Society's mortgages, please visit our application page.
