Business Details
Your Trusted Partner for Savings and Mortgage Solutions
Established in 1848, we are the oldest remaining building society in the world, proudly operating as a mutual organisation owned by our members. Our core purpose remains unchanged: to help individuals purchase homes and build financial security through accessible savings products and mortgage solutions. With a heritage spanning over 175 years, we combine traditional values with modern financial services, prioritising member benefits and community impact. Our services include competitive savings accounts, fixed-rate bonds, ISAs, and tailored mortgages for first-time buyers, remortgagers, and specialist needs. We maintain a strong commitment to transparency, offering clear terms and conditions, and are authorised by the Prudential Regulation Authority.Our Edinburgh-based Relationship Centres and dedicated support team provide face-to-face, postal, and online services, ensuring accessibility for all UK residents. We actively engage in community initiatives through the Scottish Building Society Foundation and partner with organisations like Glasgow Caledonian University. Customer feedback consistently highlights our reliability, with a 97.5% satisfaction rating from 1,247 recent reviews. Our digital platforms, including Client Account Online, enable secure management of funds for professional firms. As a purpose-driven institution, we balance financial expertise with ethical responsibility, adhering to strict governance frameworks and regulatory standards.
Services
Savings Accounts
Fixed-Rate Bonds
Cash ISAs
Residential Mortgages
Remortgage Solutions
Highlights and features
- 175 years of heritage as the world's oldest building society
- Member-owned mutual structure prioritising customer interests
- Competitive 6.50% Gross/AER rate on Regular Saver accounts
- Community-focused initiatives through our charitable foundation
- 97.5% customer satisfaction rating from 1,247 recent reviews
Associations and certifications
- Building Societies Association
- Financial Services Compensation Scheme (FSCS)
What people say
Fantastic ratings
Customer satisfaction
Reassuring service
Competitive rates
Community focus
Services
Savings Accounts
We offer competitive savings accounts with variable and fixed rates, including ISAs and regular saver options. Our accounts require minimum deposits from 50, with interest rates up to 6.50% Gross/AER. As a mutual society, we prioritise member benefits through fair terms and community reinvestment, maintaining FSCS protection for added security.
Residential Mortgages
Our residential mortgages cater to first-time buyers, remortgagers, and buy-to-let investors. Products include fixed-rate, tracker, and offset mortgages with flexible repayment terms. We provide tailored advice through Relationship Centres in Edinburgh and online platforms, ensuring compliance with UK lending regulations while maintaining competitive interest rates aligned with market conditions.
Cash ISAs
Tax-efficient Individual Savings Accounts available in fixed and instant access formats. Our ISAs offer annual investment limits compliant with HMRC regulations, featuring rates comparable to standard savings accounts. Members benefit from tax-free interest growth, with options to manage accounts online or through our Edinburgh-based customer service team.
Fixed-Rate Bonds
Time-bound savings products with guaranteed returns over 1-2 year terms. These bonds feature fixed interest rates unaffected by market fluctuations, ideal for risk-averse savers. Minimum investments start at 50, with maturity options allowing predictable financial planning while maintaining FSCS protection up to regulatory limits.
Remortgage Solutions
Specialist remortgaging services to help homeowners secure better rates or release equity. We offer competitive fixed and variable rate deals with transparent fee structures. Our advisors assess individual circumstances to recommend optimal refinancing strategies, ensuring compliance with Prudential Regulation Authority standards and supporting long-term financial goals.
Questions
How do I open a savings account?
Visit our Edinburgh Relationship Centres or apply by post with a minimum £50 deposit. UK residents aged 18+ can open accounts through our secure postal process.
What mortgage types do you offer?
We provide residential, remortgage, buy-to-let, and specialist mortgages including fixed-rate, tracker, and offset options tailored to individual needs.
Are savings protected?
Yes, deposits are protected up to £85,000 by the Financial Services Compensation Scheme (FSCS) as regulated by the FCA and PRA.
Can I manage accounts online?
Professional firms can use our secure Client Account Online platform for fund management, while personal account holders access services through Relationship Centres.
What community initiatives do you support?
Through our charitable foundation, we fund local causes and partner with Glasgow Caledonian University on educational programs supporting financial literacy.
