Scottish Building Society
The Scottish Building Society was founded in 1848 and is the oldest building society in the world. The society was originally known as the Edinburgh Property Investment Company, but in 1929 it changed its name to the Scottish Building Society. In 2013, the Scottish merged with the Century Building Society and today it is the only building society left in Scotland.
The society only has a small number of branches in Scotland, but it is well represented through an extensive network of agents and today is the 42nd largest building society in the UK.
As well as mortgages and savings and investments, the society offers its customers help with inheritance and estate planning, and home insurance.
The Scottish Building Society provides a selection of mortgage products for customers. These include mortgages for first time buyers
, borrowers buying moving home or re-mortgaging
There are also Scottish BS mortgages for landlords, self-build customers, and customers wishing to buy or re-mortgage a guesthouse or bed & breakfast in Scotland.
Guarantor Scottish BS mortgages are suitable for first time buyers in need or parental support for the purposes of raising enough funds for a deposit.
Residential Scottish BS mortgages are suitable for customers buying or re-mortgaging properties in Scotland. Capital repayment and interest only
mortgages are available.
Further borrowing for the purposes of home improvements and debt consolidation is an option for existing customers with a Scottish BS mortgage.
Mortgage applications can be made in-branch or over the telephone.