'Find your Perfect Mortgage' Guide

Knowing which kind of mortgage suits you and your lifestyle can be confusing so we have put together some information to help you along with that decision.

Fixed Rate Mortgages

We can fix you up with a great rate if you wish to keep your payments the same for a set period of time, after which the rate will revert to a variable interest rate for the remainder of the term.

  • Enables you to budget with confidence - your monthly payments will be the same throughout the duration of the fixed rate period.
  • During the set period you will have protection from interest rate rises.
  • Short and long term fixed rate options available.
  • Our range of flexible features apply. See individual products for more information.
  • Repayment and Interest Only options available.

Discounted Rate Mortgages

You can count on us for a great rate if you wish to keep your initial monthly payments to a minimum. You will pay a discounted interest rate for an agreed period, after which the rate will revert to a variable interest rate for the remainder of the term.

  • Ideal if you don't mind your payments varying as our interest rate changes.
  • Our range of flexible features apply. See individual products for more information.
  • Repayment and Interest Only options available.

Tracker Rate Mortgages

Track down your perfect mortgage if you wish to have an interest rate that moves directly in line with the Bank of England base rate. After the set period the rate will revert to a variable interest rate for the remainder of the term.

  • For the set period your repayments will always follow the Bank of England base rate so your repayments will rise and fall in accordance with external market rates.
  • You will need to bear in mind that rates can go up as well as down.
  • Our range of flexible features apply. See individual products for more information.
  • Repayment and Interest Only options available.

Shared Ownership Mortgages

If you're a First Time Buyer and looking to get your foot on the property ladder,  Shared Ownership may be the answer.

  • Exclusively for properties in the North West of England
  • You are able to buy different share amounts in the property and increase these as time goes by.
  • Our range of flexible features apply. See individual products for more information.
  • Repayment and Interest Only options available.

 

Cheshire Building Society lends on properties based within England, Wales, Mainland Scotland and the Isle of Wight.