Website: Stafford Railway
Phone: 01785 22 32 12
The Stafford Railway mortgage is a simple standard variable rate product, with no fees or penalties. That makes it exceptional value; and if rates were to rise too far, you can always change products as there are no redemption penalties.
The SRBS is one of the many hundreds of smaller Societies which sprang up during the industrial revolution; but which unlike the majority of its competitors, was never taken over, nor demutualised. They are justifiably proud of being independent, mutual (no shareholders to look after), and committed to providing a personal service to their members.
That noble sentiment aside, there's only one Stafford Railway mortgage. It's a completely gimmick-free standard variable rate product; it's absolutely plain vanilla, and that of course means without bells and whistles, it's quite good value (hence winning awards three years in a row). It's particularly good, as it offers no redemption penalties, no valuation or arrangement fees. That means they're offering a real no-strings attached mortgage.
It's very tempting indeed to get tweaks and benefits; but the Stafford Railway mortgage really is simple and good value, so long as you don't mind being at the mercy of a variable rate.
