
Our mortgages are streets ahead
At Stafford Railway Building Society we offer a personal approach and will help you find the right mortgage for you whether you are a first time buyer or an experienced buyer, we'll find a mortgage that suits your needs.
Our discounted mortgage range is available up to 90% Loan to Value. We can help if you're a First Time Buyer, moving home, looking to remortgage or wanting to raise capital when you remortgage.
We also have mortgages available for Buy to let, Holiday and Expat Buy to let, our specialist Mixed Use mortgage helps if you have another property on your residential title.
Residential mortgages
Are you a first time buyer, someone looking to remortgaging? We have a range of mortgages that can help.
We can help with
- First Time Buyers
- Lending in & into retirement
- Remortgage
- Self Employed & Complex Income
Mixed Use Mortgages
Suitable for applicants whose property on their title has a
- Holiday Buy to Let
- Buy to Let
- Stables / equestrian
- Work life units
- Annex to property
Early Repayment Charge Free
Early Repayment Charge Free mortgages help with
- Flexibility
- Allow lump sum over payments
- Variable rate of interest
- No penalties to repay your mortgage
- Self Employed and complex incomes
Buy to let mortgages
If you are looking to invest in a property for the first time or remortgage an existing Buy to let property or holiday home then we can help.
These cover...
- Buy to let single occupancy
- Buy to let holiday homes
- Self employed & complex incomes
Self-build and renovation
Stafford Railway Building Society offers self-build mortgages exclusively through Buildstore Mortgage Services. We offer self-build mortgages on the following criteria:
- Purchase of land and build of a new property
- Renovation of an existing property
- Converting an existing structure for residential purposes
We can lend up to a maximum of £600,000 at 85% LTV to purchase land/property and up to 85% of cost of each stage during the build subject to valuation.
Funds will be released on an arrears stage payment basis.
The final mortgage
value must be 75% LTV.
Contact information
For more information you can contact Buildstore directly on 0345 223 4888 and you can find further details by clicking here
We're particularly known for Lending into retirement and later life, First time buyers, Buy-To-Let including Expats, Self-Employed and Self-Build mortgages.
Our Mortgages
Residential
Mortgage Type |
Initial Rate |
Term | Standard Variable Rate |
Maximum Loan to Value |
Overall Cost for Comparison (APRC) |
Application Fee |
Arrangement Fee |
Early Repayment Charge |
|
---|---|---|---|---|---|---|---|---|---|
80% LTV - Discounted Variable - Track 1 | 5.74% | 2 years | 6.20% | 80% | 6.3% APRC | £100 | None | Yes | |
Key Features
A mortgage of £220,000 payable over 20 years initially on a discounted variable rate of 5.74% for 2 years and then on our Standard Variable Rate (SVR) currently 6.20% (variable) for the remaining 18 years would require 24 monthly payments of £1,543.33 followed by 216 monthly payments of £1,596.96. The total amount payable would be £382,683.28 made up of the loan amount plus interest (£162,683.28) a valuation fee of £425, a funds transfer fee of £30, estimated solicitor’s fees of £145, application fee of £100. The overall cost for comparison is 6.3% APRC representative. |
Early Repayment Change Free
Mortgage Type |
Initial Rate |
Term | Standard Variable Rate |
Maximum Loan to Value |
Overall Cost for Comparison (APRC) |
Application Fee |
Arrangement Fee |
Early Repayment Charge |
|
---|---|---|---|---|---|---|---|---|---|
90% LTV - Variable | 6.20% | Term | 90% | 6.4% APRC | £0 | £0 | No | ||
Key Features
|
Joint Borrower Sole Proprietor
Shared Ownership
Buy to Let & Holiday Buy to Let
Mortgage Type |
Initial Rate |
Term | Standard Variable Rate |
Maximum Loan to Value |
Overall Cost for Comparison (APRC) |
Application Fee |
Arrangement Fee |
Early Repayment Charge |
|
---|---|---|---|---|---|---|---|---|---|
70% LTV - Discounted Variable - Buy-to-Let / Holiday Buy-to-Let | 5.65% | 2 years | 8.00% | 70% | 7.7% APRC | £100 | None | Yes | |
Key Features
|