Following the recent Bank of England base rate increases, we have reviewed the interest rate for both our savings and mortgage accounts. The Bank of England base rate is one of many factors which impact the interest rates we set on both our mortgage and savings accounts.
From the 16th June 2022 we will be increasing the interest received on many of our savings accounts. For further information regarding interest increases to our savings products, please Click here
Our Standard Variable Rate (SVR) will increase on the 16th June 2022 by 0.25% from 5.74% to 5.99%. All of our mortgage customers who are affected by this change will be contacted by us. If you wish to speak to a member of the mortgage team please contact 01257 235001.
UPDATE – On the 16th June the Bank of England base rate was increased by 0.25% from 1.00%. to 1.25%. We are currently reviewing how this rate change will impact our variable rate mortgage and savings accounts and we will update our Members with more information as soon as we can.
Our interest rate increase that took place on the 16th June 2022 is not affected and has taken effect.
Chorley Building Society are supportive of the Government’s Homes for Ukraine Sponsorship scheme, which will enable homeowners across the UK to provide accommodation in their own home to refugees fleeing the war.
We are currently working closely with the Building Societies Association to understand the scheme details which are currently being finalised, with the objective of it being implemented as quickly and simply as possible, to allow our home-owning Members to participate if they wish to.
It is important that our borrowers let us know that they have been accepted as sponsors and this should be once the joint visa applications from the sponsor and refugee/refugees has been accepted.
If your family budget is already squeezed, we ask that you think carefully before applying for this Scheme, and refer to the Money Helper Website for free and impartial money guidance – https://www.moneyhelper.org.uk/en
We will continue to update our Members as we receive more information.
I do not go into the branch very often but when I do the staff are always friendly and helpful (Leyland).
This is my 3rd new Mortgage now with Chorley and each and everytime the process has been clear, simple and well communicated. The staff are friendly understanding and can’t do enough to help you through the orocess
Great choice of products with good rates too
Been a customer for 44 years, wouldn’t go anywhere else. The sectors best!
It was so easy to open a savings account. (Not simple to do in these coronavirus times) We were made welcome. Many thanks!
Easy to deal with - I like being able to operate accounts by post - Chorley offers some good accounts with reasonable interest rates. Staff always friendly, helpful and knowledgeable.
One factor that really stood out was the attention and continuous advice and support that we received, despite the effects of the Corona Virus pandemic , which Chorley B/S had to cope with. We really appreciate your decision to approve our application which has enabled us to look forward and enjoy the coming years.
Locally situated, Staffed by local people, giving a friendly, helpful service.
Good choice of products - competitive rates - efficient service Withdrawal of maturity funds by faster payment would be a welcome addition.
Very efficient and pleasant on the phone.
Well informed, professional, friendly staff. Ability to phone directly to a branch (how it should be everywhere). Lovely to have seating and low counters. Would like passbook covers. Passbooks are another plus.
We went to Leyland branch. We have known CBS for many years and have never any bad reports about them. We were made to feel welcome and the young lady treated us very efficiently and with a smile!
As a new customer, good first impression. Staff were very helpful and I appreciated having a chair at the counter.
May be this is due to my age but I like to communicate with a human being. The service I received was second to none.
Very efficient, no fuss and pleasant staff
Speed of response in setting up the new account was outstanding - as was the accuracy and efficient of the work
Fantastic advisor who was able to guide me through the process from start to end