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Manchester Building Society was formed in 1922 Head office address is Manchester Building
Society Group, 125 Portland Street, Manchester. M1 4QD.
They have a branch at Manchester Building Society, Queens Court, 24 Queen Street, Manchester, M2 5HX.
They offer a number of products including
Mortgages- If you are looking for a mortgage the underwriting criteria is The minimum age they
will lend to is 25 years. (Please check current product details for criteria as a higher minimum age may apply)The maximum
age at the end of the mortgage term is 70 years. Manchester Building Society only lends in England and Wales. Mortgages can
be on the following basis; Capital and Interest Repayment, Part Capital and Interest and part Interest Only up to a maximum
of 70% LTV and Interest Only up to a maximum of 70% LTV.
Savings
Accounts- Premier ISA Issue 16, Premier Instant ISA Issue 4, Fixed Rate Cash ISA Issue 8, Premier Instant Issue 8, Premier
Notice Issue 24 and some Fixed rate bonds.
For the year ended
31/12/2010 The Financial Results for Manchester Building Society Group were 2009 figures in (brackets)
Profit £492,000 (£459,000)
Assets
£893,834,000 (£937,320,000)
Executive Directors Pay
£715,000 (£679,000)
Non Executive Directors Pay £199,000
(£203,000)
The Manchester management expense ratio reduced
from 0.59% to 0.51% and the results showed impairment losses of £1,379,000.
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