Loughborough Building Society.

Loughborough Building Society  was founded in 1867, The head office address is Loughborough Building Society, 6 High Street, Loughborough, LE11 2QB. Branch offices can be found at the head office address and ½ Babington Lane, Derby DE1 1SU and 5 Market Place, Long Eaton, NG10 1JL. They offer a number of products including Mortgages- Term Discount Mortgage Maximum LTV 80%, 3 Year Discount Maximum LTV 75%, 2 year Discount Maximum LTV 80%, 3 Year Discount Maximum LTV 90%  For applicants purchasing/re-mortgaging a property in postcodes LE, DE and NG and for existing members only. Standard Variable Mortgage,  Term Discount Mortgage  Maximum LTV 80%,  The Loughborough Self Build Mortgage and Buy To Let Variable Rate Mortgage. Savings Accounts- Instant Access Account,  Fifty Fifty Account an easily accessible account with a great rate for the over 50's. Loughborough Postal Account, 30 Day Notice Account, Affinity Account,  Instant Access Cash ISA and  Monthly Saver Account. Insurance-Life Insurance, home insurance and over 50s funeral insurance.   For the year ended 31/10/2010 The Financial Results for Loughborough Building Society were 2009 figures in (brackets) Profit £688,000 (384,000) Assets £273.5 million (£277.9 million) Executive Directors Pay £372,000 (£329,000) Non Executive Directors Pay £107,000 (£115,000) During the year the Loughborough Building Societyhad gross mortgage lending of £24.5 million which was increase of 10.46% over the previous year although overall mortgage balances after provision for losses fell by 3.64%. Provisions for mortgage losses was £170,000. Savers provided the society with a net inflow of £2.76 million meaning that less than 4% of the building societies funding comes from the wholesale markets. Management expenses as a percentage of mean total assets rose to 0.94% from 0.86% the previous year.