Loughborough Building Society

Who we are

Loughborough Building Society was founded in 1867 specifically to provide the people of Loughborough and surrounding areas with opportunities to save and borrow money.

For almost 155 years the Society has been helping people buy their homes and save for their future and is proud to have remained an independent, mutual provider of mortgages and savings.

As a mutual building society, we’re owned by our customers – our savers and borrowers. To us they’re more than customers; they’re members and individuals.

Unlike banks, being a mutual business means we don’t have shareholders or dividends to pay. We make every decision by putting our members’ interest first and share the results of our success with them through higher interest rates for savers, lower rates for borrowers and providing better services.

In 2018 we relaunched our Intermediary mortgage channel after a gap of 10 years.  Since that time, we’ve seen significant growth and received very positive feedback from the advisers who’ve used our service.

Our main focus is on continuing to build on the success of the last few years by providing more innovative product solutions, streamlining our service and helping as many advisers as possible help their clients.

What we do

Whether your client is looking to buy a home for the first time, making changes in later life or anything in between, our range of mortgage products for Intermediaries could help you find the right solution for them.

As a smaller specialist lender who individually underwrites each and every application we receive, we’ve always valued the ability to speak directly to brokers when and where we can. Maintaining this regular contact helps us to overcome any barriers they may be encountering when trying to place business - whether this is from a product, criteria, underwriting or service perspective. Or any combination of these factors.

It also helps shape our proposition moving forward to deliver suitable product solutions to address clients ever-shifting demands as we, like many specialist lenders, have the appetite, capability and flexibility to implement change relatively quickly.