Barnsley Building Society

Barnsley Building Society is a financial institution that offers savings, investments, mortgages, loans, and related financial services primarily to those living in South Yorkshire, including Wakefield, West Yorkshire, Chesterfield, and North Derbyshire.

Barnsley’s typical mortgage is a variable rate loan. The interest rate is established by the Society, and it fluctuates with the current market. The Society often offers a discounted rate for the first few years to new home buyers, which is simply a percentage off of the variable rate. A fixed rate mortgage may be available, which means that there will be a fixed interest rate for a certain amount of years, after which it reverts to the Society’s variable rate. In addition, a capped rate may be available, which will put an upward limit on the variable rate. They offer mortgages to new buyers as well as for those wanting to re-mortgage.

In addition, Barnsley, in conjunction with Royal and SunAlliance, offers home and contents insurance. Some of their standard benefits of this type of cover include: 10% introductory discount, “New for Old replacement cover,” 24 hour claims help available 365 days a year, as well as cover for trees and shrubs.

And in conjunction with Endsleigh, Barnsley now offers car insurance, roadside recovery, travel insurance, rented accommodation, and landlord insurance.

If you are in the market for a mortgage or insurance, use our tools on SimplyFinance.co.uk to find the best company and product for you, keeping in mind that this article should not be interpreted as financial advice or as a recommendation by SimplyFinance to use any individual service or to invest with any company advertised or mentioned.