Our Buy for University Term Discount Mortgage includes a discount of 1.54% from the Society’s standard variable mortgage interest rate, currently 7.89%, for the term of the mortgage. The interest rate charged cannot go below 3.50%.

This product is available to applicants who are University/college students in tertiary education, with at least 1 full academic year remaining of the course on completion of the mortgage, assisted by a family member to purchase accomodation for their own use in the city/town of study in mainland England or Wales.