Earl Shilton Building Society was established in 1857. Today its head office is in Earl Shilton, it has two branches in Leicestershire, and it has a branch office in Barwell. It is an independent and mutual building society run for the benefit of its members and not shareholders.

It offers the following types of mortgage:

Tracker
Standard Variable Rate
Buy to Let
Discount

Tracker: your initial rate is set to track the Bank of England Base rate, added is a small charge set by the Society. This rate applies for the first 5 years, then it reverts to a higher rate set above the Bank of England base rate.

Interest on your mortgage is calculated daily
An arrangement fee is applicable
An early repayment charge is applicable if you repay your mortgage within the first 5 years

Standard Variable Rate: this rate is determined by the Society.

There is no arrangement fee.
An early repayment charge is applicable if you repay your mortgage within the first 2 years.

Buy to Let: your mortgage is set above the standard variable rate for the entire mortgage term.

An arrangement fee is applicable
An early repayment charge is applicable for the first 2 years

Discount Mortgage: your mortgage is set at a discount off the Society’s standard variable rate for an agreed interval. You can select products that have a discount for 3 and 5 years. After the discount period has concluded the mortgage will relapse to the Society’s standard variable rate.

An arrangement fee may be applicable
An early repayment charge may be applicable