Holmesdale Building Society was first launched in 1855.   Their head office is at
43 Church Street
Reigate
Surrey
RH2 0AE and they have over the years principally serviced people living in the area. In the last 20 years they have extended their clientele that now takes in people across the UK.

The Holmesdale Building Society is a mutual society that is operated principally for the welfare of their clients.

Whilst Holmesdale Building Society is a small society it still offers very good mortgage deals.

Their mortgages range from Standard Variable Rate Mortgages, Discounted Mortgages as well as Lifetime Mortgages.

Standard Variable Rate Mortgages are on offer to Holmesdale Building Society existing members as well as non-members.

The present Standard Variable Rate Mortgage from Holmesdale Building Society is 4.89% as of the 1st February 2010 and applies to repayment mortgages or interest only mortgages over terms varying from 10, 15, 20 and 25 years.

Discounted Mortgage Scheme

One example of a discounted mortgage from Holmesdale Building Society’s that offers a 2% discount below Holmesdale Building Society’s standard variable rate runs for a two-year term. There are other terms for a discounted mortgage.

• The maximum LV (Loan to Value) is 75%
• There is an arrangement charge of £175.00 which needs to be settled when applying and is non-refundable
  • The maximum loan available is £500,000
  • The minimum loan available is £26,000
  • This mortgage is obtainable to people who have an excellent credit scoring and have no (CCJs) County Court Judgements or defaults indexed in the previous three years.
  • There are early repayment charges of 2.00% of the total or part capital paid back within the first 2 years of the loan
  • Overpayments are available up to 10% each year

Holmesdale Building Society is authorised and regulated by the Financial Services Authority.