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 1st September 2023 we will be increasing the interest received on a range of our savings accounts. There will also be further increases on additional savings accounts from the 20th September 2023. For information regarding interest rate increases to our savings products, please click here for further details.
Our Standard Variable Rate (SVR) will be increasing by 0.25% from 8.49% to 8.74%. The effective date of this change will either be on the 20th September or on the 27th September, depending on the terms of your mortgage with the Society. All of our mortgage customers who are affected by this change will be contacted by us.
If you are struggling with mortgage payments, or think that you might in the future, please contact us as soon as you can so we can discuss what options there are for you. Contact us here.
The rising cost of living is affecting many of us in some way.
As a mutual building society, we understand that we have a responsibility to support our community where we serve.
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.
The Society will collect your email address as an alternative means of communication if we cannot reach you via telephone. This data will not be used for any other purpose.
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
Chorley Building Society receives a 5 star rating for a...
We’re very proud to announce that we have been awarded a five star rating in...
July 27, 2023
Best Specialist Mortgage Provider of the Year
Chorley Building Society has been voted Best specialist mortgage provider in the prestigious Smart Money...
June 7, 2023
Our Charity of the Year 2023
We’re delighted to announce that our Charity of the Year is ‘Chorley Fundraising Group for...
February 15, 2023
Your Home May Be Repossessed If You Do Not Keep Up Repayments On Your Mortgage. Think Carefully Before Securing Other Debts Against Your Home. Get help > .
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he Chorley and District Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered on the Financial Services Register under number 206023. Registered Office: Key House, Foxhole Road, Chorley, Lancashire PR7 1NZ.
Chorley and District Building Society is a member of the Building Societies Association and a participant of the Financial Ombudsman Service and Financial Services Compensation Scheme.
Your telephone conversations with the Society may be recorded. This is to help the Society to improve customer service and to offer additional security. Calls and electronic communications may also be monitored for staff training.