Stafford Railway Building Society

Hi guys considering approaching Stafford Railway Building Society for a mortgage.

I like the look of their products, however not heard of them much. I have found some good articles, but was hoping for some real views on their services.

All help greatly appreciated.

Gerard.

Comments

  • staffie1
    staffie1 Posts: 1,967 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    They have a good reputation in the town. They have, what I feel is a traditional approach - like building societies used to be. That's a big plus!
    Nice people - pop in and see them if you're local.
    If you will the end, you must will the means.
  • MysteryMe
    MysteryMe Posts: 3,382 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    My experience with SRBS has been completely positive. I remortgaged with them a while back. It was a time when I needed to address the projected shortfall on my endowment mortgage and they were very helpful advising me on transferring to part repayment / part endowment. I'm in SE England and never heard of them when I started looking around but glad I found them.
  • kingstreet
    kingstreet Posts: 39,193 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    We actually live in Stafford and have our savings with SRBS.

    AFAIK they are still only lending at SVR only, no discounts, fixed rates etc, so they won't feature on sourcing systems, or comparison sites.

    I was gobsmacked reading a mortgage leaflet in there the other day. Loans over 75% covered by mortgage indemnity guarantee insurance, charge over property or savings...
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
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