Darlington Building Society was established in 1856 serving County Durham, North Yorkshire and the Tees Valley, to benefit the local communities. Darlington Building Society is a mutual organisation, it has no outside shareholders to pay dividends to so it uses its profits to benefit its members. Darlington Building Society is committed to remaining a mutual independent building society providing benefits for the local community, local people and members of the society.

Fixed Rate
Discount
Tracker
Standard Variable Rate

Fixed Rate: your starting rate is fixed for an agreed period. Darlington has fixed rate mortgages for 3 and 5 years. After the fixed rate period your mortgage will go back to Darlington’s standard variable rate for the remaining mortgage term.

An arrangement fee is applicable

Discount: your starting rate will be set at a discount off the Society’s standard variable rate for an agreed period which can be for 2 or 3 years. After the discount rate period is over your mortgage will revert to Darlington’s standard variable rate for the rest of the mortgage term.

An arrangement fee is applicable

Tracker: your initial rate is set according to the Bank of England Base Rate for an agreed period. After the tracker rate period has concluded your rate will go back to the Bank of England Base Rate +1% for the remaining mortgage term.

An arrangement fee is applicable

Standard Variable Mortgage: your rate is set at the Society’s standard variable rate for the whole mortgage period.

An arrangement fee is applicable

Darlington also have commercial mortgages:

Its maximum lending is up to 70% of the property price
For investment property rental income should be 125% of the payments
Each case is assessed individually