Do Chorley and District Building Society offer competitive products? Chorley and District Building SocietyFor over 140 years, The Chorley and District Building Society has been run entirely for the benefit of its members. The proud tradition of helping members of the local community in Lancashire to buy their own homes is deeply embedded in the Chorley & District Building Society's philosophy. And now, home buyers throughout the U.K. can benefit from their 'What Mortgage Magazine' Best Overall Lender Status! So how exactly does a small, local building society manage to compete with and undercut the big financial institutions? Firstly, they keep their overheads low, and because they we are mutual, they don't pay dividends to shareholders. In short, the profits they make are used to help their members by charging less for mortgages and maintaining competitive rates of interest for investors. |