Ipswich Building Society

​​​​With over 160 years' experience in providing mortgages and savings for people, Ipswich Building Society is uniquely placed to provide a personal service to their intermediary partners.

As an independent mutual, they are run in the interests of their members, not shareholders, and their values have remained the same. Ipswich Building Society exist to help their members achieve their goals of home ownership and saving for the future with an organisation they can trust.

If you're not familiar with Ipswich Building Society you might like to call them or visit their website.

Procuration Tables

Gross fee paid by lenderProcuration fee to intermediary

Mortgage               0.40% (min £150** / no max)
Further advance   (flat fee of £150 paid on loans over £25k)

All information correct as at 04/01/2016


Mortgage               0.37% ( min £150** / no max)
Further advance   (flat fee of £150 paid on loans over £25k)

All information correct as at 04/01/2016

Overview

  • They deal with intermediaries based in Bedfordshire, Cambridgeshire, Essex, Hertfordshire, Norfolk and Suffolk
  • Property can be located anywhere in England or Wales
  • It’s easy to do b​usiness with them. They have a team of friendly and capable people to look after their intermediary partners, and are always available to discuss cas​​es, obtain progress updates or answer any lending queries
  • Lending decisions are based upon affordability - including use of verified customer data rather than computer models
  • They credit search - not credit score. The underwriting process, involves real people, assessing real situations
  • Max LTV 95% - including new build houses (applicants must fund 5% from their own resources)
  • Property in the background? Up to 95% LTV considered
  • Builder / vendor deposits acceptable, up to 5% - subject to applicant contributing 5% from their own resources
  • No adverse accepted on 90% or above LTV products
  • CCJ's / defaults totalling up to £500 made over 12 months ago, but now satisfied
  • Mortgage / loans / credit cards no missed payments in the last 12 months
  • Overdrafts / credit cards not exceeded limit for more than 3 months in the last 12 months
  • Bankruptcies / IVAs discharged 3 years ago / IVAs satisfied 3 years ago, considered up to 75% LTV

Address

PO Box 547
Freehold House
The Havens
Ipswich
IP3 9WZ

For enquiries

Call: 0330 123 1073

Email: isu@ibs.co.uk

Registration process

Paper applications:

No pre-registration.

Download application form online via
www.ipswich-intermediaries.co.uk/

Online applications:

New regis​trations can be made via the e-mortgage service online at 

www.ipswich-intermediaries.co.uk/

Please follow the prompts and ensure you select PMS from the intermediary status / mortgage club section to ensure the correct procuration fee is paid.