Here to help Synnovis employees make their money go further

Synnovis has partnered with London Mutual Credit Union to make salary-deducted savings and loans available to all its employees as an optional employee benefit.

Save while you work

Put aside part of your salary each month to build savings over time.

Option to borrow

Synnovis employees can apply for a loan to cover necessary expenses.

Repayments matched to your income

Payments are taken in line with your salary dates, so you don’t have to adjust them yourself.

Plan ahead with the Better-Off calculator

See how your money is spent, prepare for bills and budget for the months ahead using this built-in tool.

About London Mutual Credit Union

London Mutual Credit Union is a member-owned financial co-operative, serving Londoners since 1982. We exist to help people to save,
borrow, and build financial wellbeing in a safe and supportive way.
  • Member-owned, not for profit

  • Authorised and regulated by the PRA and FCA

  • Payroll saving & repayment available for Synnovis staff

  • Thousands of members working in Health, Hospital

What we offer

Personal Loans

Borrow £500-£25,000
From 9.6% APR

Fair, affordable borrowing for planned and unplanned expenses

  • No early repayment fees
  • Save as you repay
  • Repayments directly from your Synnovis salary.

Regular savings

Borrow from as little as £10 a month
Pay in directly from salary

Build a savings habit with automatic salary deduction

  • Save as little as £10 a month
  • Deducted each payday, so you don’t miss it.
  • Access and withdraw your money via our mobile app

Mortgages

Borrow up to £450000
From 3.64% (variable)

Buy or remortgage your home with competitive rates, in-house advice, and decisions made by people, not computers.

  • No arrangement fees
  • Free no-obligation mortgage advice
  • Up to 80% LTV

How it works

Join online

It only takes a few minutes to become a member and to open your membership account

Choose how you'll use it

Choose how much to save each month, and, if you wish, apply for a loan at the same time

We'll set up payroll

We work with Synnovis to arrange regular deductions from your salary

Save and repay - automatically

Your chosen amount comes straight from your pay each month and is automatically added to savings or used for loan repayments.

Explore the Money Gym

From managing bills to building better habits, the Money Gym is packed with practical tools and guidance to help you feel more in control of your money
Visit the Money Gym

Join the credit union for Synnovis staff

Become a London Mutual member and build savings and borrow affordably directly from your Synnovis salary.
Become a member

Money tips & ideas

New to the UK, working in the NHS — and building credit With London Mutual

Arriving in London without a credit history, Azeez Dasaolu struggled to access loans and accounts. That all changed when, through his job at Guy’s and St Thomas’ Hospital, he joined London Mutual Credit Union.
Read story

Salary deduction: never worry about saving or loan payments again

What if your savings and loan payments happened automatically before you could spend the money? That's exactly how salary deduction works.
Read story

What is a credit union? Understanding the alternative to high street banking

What's the real difference between credit unions and high street banks? Understanding these key distinctions could transform how you think about banking.
Read story

What to expect when you apply for a loan with us

Applying for a loan can feel intimidating. Here's what really happens during our process.
Read story

When a colleague becomes a loan shark

The most dangerous loan sharks aren't strangers in dark alleys—they're trusted colleagues who seem like they're doing you a favour.
Read story

Your complete guide to consolidation loans

If you're juggling multiple credit cards, loans, and overdrafts, a consolidation loan could help you regain control of your finances with one simple monthly payment.
Read story

London’s housing crisis just got a new solution: credit union mortgages

London Mutual Credit Union has become the first UK credit union in over 25 years to offer mortgages, bringing community banking principles to London's brutal housing market.
Read story