Newbury Building Society Equity Release Review

We Review Newbury Building Society Equity Release & Look at the Pros, Cons & Schemes They Offer
Contributors: Nicola Date, Katherine Read. Rachel Wait & Reviewed by Francis Hui
Are You Considering Newbury Building Society Equity Release? What Are the Pros, Cons & Costs? Read Our Reviews & Discover If Newbury Building Society Lifetime Mortgage Plans Are for You.

Before You Start Reading…

How Much Can You Release? 👇

 

Equity Release Calculator

Value of Your Home?

50000

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Newbury Building Society Equity Release


I think you’ll agree with me when I say:

It’s REALLY hard to choose the best equity release provider with all the choices available.

Or is it?

Is Newbury Building Society equity release the best?

The companies we profile, are the best in the business to help you unlock the cash tied into your home.We’re here to help you:

  • Understand the services that Newbury Building Society offers.
  • Determine if they might be able to assist you and your family on your equity release journey.

Let’s find out NOW!

As experts in the equity release field (we’ve reviewed more than 250 schemes!), we’ve combed the market, researched all equity release service providers and narrowed it down to who’s on top.

Is Newbury Building Society the ideal equity release loan company to assist you and your family?

TABLE OF CONTENTS

What’s Equity Release?

An equity release mortgage is, in a nutshell, a loan plus interest that is paid back to the lender when the homeowner passes away or goes into permanent care.

Who Are Newbury Building Society?

Newbury Building Society is a building society based in Newbury, Berkshire in the south of England.

‘The Newbury’ (as it is affectionately known) was established in 1856 and is one of the oldest surviving building societies in the United Kingdom.

It provides mortgages and savings products from its branches in Newbury, Hungerford, Thatcham, Abingdon, Didcot, Wokingham, Andover, Alton, Basingstoke and its newest branch opened in early 2013 in Winchester.

Assets at 31 October 2020 were £1.234bn.

Like all United Kingdom building societies, it is a mutual organisation owned by its current members.

It is a member of the Building Societies Association.

What About the Newbury Building Society Equity Release Calculator?

Before you consider using the Newbury Building Society calculator, please take note.

Our providers can almost always match & BEAT any existing equity release quote that you find through Newbury Building Society.

So first use this calculator below & see how much you can release.

How Much Can You Release?

Use the Calculator Below 👇

 

Equity Release Calculator

Value of Your Home?

50000

Drag me

🔒 100% Safe & Fast

Featured In
yahoofinance marketwatch

Editor’s Rating: 4.79

Why Consider Newbury Building Society?

Join the mortgage and savings community of Newbury Building Society.

Owned by its’ members, this independent mutual has created long-term value and has recorded over £1 billion in assets.

Since 1856, Newbury has served its’ community in providing mortgages and savings.

It was originally established under the name of The Newbury Permanent Benefit Building and Investment Society.

Today Newbury continues to focus on the individual needs of their customers providing residential mortgages to a wide range of applicant ages.

A key focus is their Later Life Residential mortgages that is open to accepting applications from homeowners up to 90yrs old.

Later Life Residential mortgages can either be arranged on capital and repayment basis only, but must come with a fixed end date.

They are available to older homeowners, up to 90yrs.

Who have the means to meet monthly payments over a fixed term and repay the mortgage using a suitable repayment strategy.

The rationale, of being open to those with the capacity to repay a mortgage, has also led to Newbury launching their Retirement Interest Only Mortgage (RIO).

Newbury Building Society Reviews & Ratings

Newbury Building Society Complaints

If you’re dissatisfied with Newbury Building Society and want to make a complaint, the greatest place to do so is on their website.

They are concerned about their clients and will route you to the appropriate department if possible.

The alternative option, if you choose to use a review site like Trustpilot or Feefo, is to provide an assessment.

Newbury Building Society’s Equity Release Interest Rates & Schemes Compared

Are you looking for a specific equity release scheme?

These are some of the schemes offered or covered by Newbury Building Society.

Not what you’re looking for?

Have a look at all the equity release schemes available on the market, with our easy-to-use table or compare the equity release rates!

Learn More About Newbury Building Society

Newbury Building Society is an independent cooperative society that has been offering mortgages and savings to its members for over 160 years.

They are pleased to be a mutual organisation,.

Which implies that their members own them and that they are dedicated to providing long-term value to them.

Being a member of a mutual organisation has numerous advantages, ranging from their commitment to providing good customer service to their involvement in our local communities.

More information on their strategy and its advantages.

FCA Details

FCA Address

  • 90 Bartholomew Street
  • Newbury
  • Berkshire
  • RG14 5EER G 1 4 5 E E
  • UNITED KINGDOM

Trading Names

  • Newbury Building Society

FCA Permitted Services

  • Banking
  • Insurance
  • Mortgages & Home Finance
  • Consumer Credit
  • Pensions
  • Investments
  • Other Services

Regulators

  • Financial Conduct Authority (FAC) ¹
  • Financial Services Authority Now the Prudential Regulation Authority (PRA) ¹

Registration Numbers

  • FCA Ref Number: 206077
  • FCA Reg Number: 0000384B

CA & Company House Links

Newbury Building Society Contact Number

90 Bartholomew St, Newbury RG14 5EE

Got Questions

Is Newbury Building Society a Member of the Equity Release Council?

What Are Newbury Building Society's Interest Rates?

Who Owns Newbury Building Society?

Where is Newbury Building Society Located?

Does Newbury Building Society Do Equity Release?

Is Newbury Building Society Equity Release Safe?

Conclusion

So here’s the scoop – our intention is to help you by finding the best Newbury Building Society lifetime mortgage so that you can spend the money on something that you really want, rather than on a high tax bill.

Before You Go…

Use the FREE Calculator Below 👇

 

Equity Release Calculator

Value of Your Home?

50000

Drag me

🔒 100% Safe & Fast

Featured In
yahoofinance marketwatch
Editorial Note: This content has been independently collected by the SovereignBoss advisor team and is offered on a non-advised basis. Sovereignboss may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations. Learn more about our editorial guidelines.

See How Much You Can Release 👇

Use the QUICK form below.

 

Equity Release Calculator

Value of Your Home?

50000

Drag me

🔒 100% Safe & Fast

As Featured In
yahoofinance marketwatch