Yeah, it certainly looks from their website ([broken link removed]) that EBS are confining the LifeChoice product not merely to members but to members who have their mortgage with the society.
Could you imagine the situation if they offered these rates ([broken link removed]) to all members, irrespective of with which institution they held their mortgage? It would destroy, at a stroke, all the personal loan competitors in the market - at last, a real result for mutuality.
Not a hope.....