Swansea Building Society

​The Swansea Building Society was established in 1923 and is the 36th largest Building Society out of 44 in the UK. With assets of over £275m, the Society made an operating profit of £2.8m in 2017. It has 4 branch offices across South Wales (Swansea, Cowbridge, Carmarthen and Mumbles) and employs 54 staff. Each branch has at least one mortgage manager on site to deal with mortgage enquiries from both direct and intermediary channels. 

Procuration Tables

Gross fee paid by lender
Procuration fee to intermediary
All products 0.37%
​All products 0.35%


With no credit scoring and all cases manually underwritten, the Swansea BS offers a unique, personal and tailored approach to mortgage lending. For example, for self-employed customers, the Society will work closely with the customers' accountants and consider various sources when assessing income. Retained earnings and one-off items can be added back into the income figures where relevant, and other provable sources of income can be used to calculate the customers true income. The Society does not just look at net profit when assessing the customers income. 

The Society’s mortgage product range has recently been reviewed, and new products launched aimed at those who are self-employed, / customers in a role requiring a professional qualification (up to 90% LTV),

​households whose income is in excess of £100k, retired home owners over 55 (term up to age 85) and those looking for a Buy to Let / Holiday Let mortgage. The Swansea BS can also assist customers looking for a short-term bridging facility to move home, those buying at auction, those looking to add a guarantor to a mortgage and / or those who have an agricultural restriction on the property and are looking for a mortgage. 

The Society’s products are limited to properties in Wales.


Swansea Building Society, 
75 High Street, Cowbridge, 
Vale of Glamorgan, 
CF71 7AF

​Account Managers:

Richard Miles, Head of Savings / Area Manager (East) 

01446 506000 / 07841 402574