Mortgage Sorter
Recommended UK Mortgages


Mortgage Guide Contents

How to Choose your Mortgage Contents

The pros and cons of mutual building societies - over banks and other mortgage lenders




Building Society Pros:

· Owned by the members – members have a direct say in decision making.

· More democratic. Every member has a vote

· Works for the interests of the members, not of the shareholders and financiers.

· Often offers better saving and borrowing rates.

· An investment for the long term – offering security and dependability.

Building Society Cons:

· While democratic in theory member control is often a myth with the real power resting with managerial cliques.

· Members’ share is locked into the society. One of the arguments for demutualisation is that the members’ share is freed up in the shape of a windfall.

· Members bear the risks, as well as the rewards, of the market and are not protected by the shareholders or limited company status.

· There is no access to external equity capital which societies argue is essential to competing in the modern financial market.

 

History

Building Society demutualisation

Pros and cons of Building Societies

Full list of local UK Building Societies






To read more on this subject please see the list below or your mortgage guide or your home buying guide

Read enough? Just want a quote? To get your best mortgage quote quickly and easily we can put you in contact with a recommended mortgage adviser. It's free, completely confidential and there's no obligation at all. Simply fill out the form below

Value of Property £  
    (eg 125000)
Borrow How Much? £
    (eg 92500)
Your Mortgage Type

 

 

 

 


How to Choose your Mortgage

Deciding which type of mortgage you want

Comparing Mortgages

Good vs Bad Lenders

Mortgage buying tips

Building Societies

Back to main contents



How to get a Mortgage



Here we give you a step by step guide on how to get a mortgage with special tips

Cost of a UK Mortgage

Your Mortgage TOP TIPS

 


Building Society Mortgage Pros Cons

 


 

Get a custom rate and see
how much you could save by
filling out this quick form
below.

It's a FREE, no-obligation service.

Value of Property
£
 (eg 159000)
Borrow How Much?
£
 (eg 125000)
 Your Morgage Type
   











Browse over 200 Free Mortgage Tips

Your Complete Guide to UK Mortgages
Find Out How to Win the Race to Buy Your Home - Home Buyers Guide
How to Sell Your Home
Learn How to Save ££s by Remortgaging
Read the Insider Info on Home Insurance
Best Buy UK Mortgage Tables
UK Mortgage Calculators
First Time Buyers
Self Employed Mortgages
Bad Credit Mortgages
Overseas Mortgages
Common Questions / FAQs
Mortgage Definitions
Mortgage Lenders UK List
LATEST MORTAGE UK NEWS

Site Help

About Us
Your Privacy
Contact Us
HELP
Mortgage Guide Site Map
Tip Our Charity






Social Bookmark Us (Please ;-))
























 

 

 

 

 

FREE MORTGAGE QUOTES
Call 0845 22 33 112
or Apply Online Fast and Easy
 
Great Selection of
UK Mortgage
CALCULATORS

Click here
  
See Today's Latest
Mortgages
BEST BUY TABLES

Click here