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Monmouthshire Building Society reviews

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Rated Excellent 4.89/5

Monmouthshire Building Society reviews

Verified business
Last reviewed within 7 days
See more on their website

Review summary

People rate this company as Excellent based on 1,455 product reviews

Average score of 4.89/5
5 star
92%
4 star
7%
3 star
0%
2 star
0%
1 star
1%
Reviews for Monmouthshire Building Society have trended negatively over the past 90 days

Latest positive rating

5/5

Excellent service for fixing my mortgage rate.

I found the service provided by Michelle the mortgage advisor to be very knowledgeable and helpful. She was excellent. Appointment took about 1 hour by... I found the service provided by Michelle the mortgage advisor to be very knowledgeable and helpful. She was excellent. Appointment took about 1 hour by telephone and she emailed me all documents that I required to complete my new fixed rate on my mortgage. Read more Read less

{"display":"Phyl T","full_name":"Phyl T","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
Mortgages
Phyl T 21st January 2025

Latest negative rating

1/5

The Truth about the Monmouthshire Building Society

Once upon a time building societies existed to help people in their communities. In the case of the Monmouthshire Building Society this is no longer... Once upon a time building societies existed to help people in their communities. In the case of the Monmouthshire Building Society this is no longer the case. We have suffered extraordinarily difficult circumstances and they have and still are declining to offer us any meaningful help. Do not trust them. Do not believe their advertisements 'We are a mutual building society run for the benefit of our members'. This could not be further from the truth. Despite many requests they will not even meet us in person, which is a strange way to 'benefit' us. They are not reducing their interest rates as the Bank of England have done because in their words “As a Building Society we can increase or decrease our SVR at any time, and we do not need to follow the movement in the Bank of England Base Rate. This basically means that they can and are quite prepared to ruin their members. They have behaved so badly towards us that it beggars belief. Their complaints procedure is utterly pointless. Despite stating that they agreed with one of our complaints, they still were 'unable to uphold' it for an utterly nonsensical reason which has no correlation to the complaint. The complaints procedure is a box ticking exercise designed solely for them to appear to be fulfilling their obligations. Above all else, remember that the Monmouthshire Building Society are money lenders who, just like all other money lenders, are in it for themselves and themselves alone. They are causing us catastrophic financial ruin which was completely avoidable and the bottom line is they do not care. Even if you are critically vulnerable, they do not care. They should be utterly ashamed of themselves. Read more Read less

{"display":"CM ","full_name":"CM ","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
Mortgages
CM 6th January 2025

About Monmouthshire Building Society

Monmouthshire Building Society was founded in 1869 and is based in Newport, Wales.

As a mutual organisation, the Society reinvests profits for the benefit of members because it doesn’t have any shareholders to pay.

Monmouthshire Building Society provide a range of products across mortgages and savings.

Monmouthshire Building Society at a glance

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Reviews for Monmouthshire Building Society

Showing 11 of 1455 company reviews Last reviewed within 7 days

Excellent service for fixing my mortgage rate.

Mortgages 21st January 2025

I found the service provided by Michelle the mortgage advisor to be very knowledgeable and helpful. She was excellent. Appointment took about 1 hour by... I found the service provided by Michelle the mortgage advisor to be very knowledgeable and helpful. She was excellent. Appointment took about 1 hour by telephone and she emailed me all documents that I required to complete my new fixed rate on my mortgage. Read more Read less

Rated Excellent 5/5
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Reply from Monmouthshire Building Society
Thank you for leaving a review following your telephone appointment. It is great to hear that you received excellent service. Your review will be shared with Michelle.
22nd January 2025
Monmouthshire Building Society

Fantastic customer service

Savings 21st January 2025

I recieved fantastic customer service from Vicky and Angela at the Cardiff Branch. Both were extremely helpful and very knowledgeable about the different products and services available. Thank you.

Rated Excellent 5/5
Read more product reviews
Reply from Monmouthshire Building Society
Thank you for taking the time to leave a review for our Cardiff branch. We are so pleased that you had a good experience. Your feedback will be shared with Vicky and Angela.
22nd January 2025
Monmouthshire Building Society
  • 5/5

    Further Advance

    I worked with Anita Morgan in trying to consolidate my debt and despite the rules of the Society Anita worked so hard and diligently in... I worked with Anita Morgan in trying to consolidate my debt and despite the rules of the Society Anita worked so hard and diligently in helping put a case together so that the offer could be supported and underwritten by the society. This was a lengthy process but the approval of the offer has been given and for me and my family this is a huge help in changing our life as we are saving around £2,500 a month with this offer. Without Anita this would have never happened, the funds will be here on 22nd Jan and I will sort the debts and move forwards. Read more Read less

  • 5/5

    Excellent service

    Hristina was very polite, friendly and informative.

    {"display":"Robert R","full_name":"Robert R","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Mortgages
    Robert R 15th January 2025
  • 5/5

    MBS Rate Switch

    Mortgage advisor Olly proactively called me to query a VM that I had left, a few days prior. He was professional, engaging and arranged my... Mortgage advisor Olly proactively called me to query a VM that I had left, a few days prior. He was professional, engaging and arranged my rate switch efficiently and effectively. The MBS website is terrible but thankfully they have professionals like Olly & Adam that more than make up for it. Read more Read less

    {"display":"AZ","full_name":"AZ","avatar":{"url":"\/assets\/uploads\/avatars\/users\/1080715.png"}}'s avatar
    Mortgages
    AZ 14th January 2025
  • 5/5

    Helpful staff -very informative .

    Helpful staff -very informative .They made it easy to open new ISA

    {"display":"Ceri M","full_name":"Ceri M","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Savings
    Ceri M 12th January 2025
  • 5/5

    Our two year mortgage product was coming to an end.

    Our two year mortgage product was coming to an end. After speaking with Adam he sent across via email some options of mortgage products and... Our two year mortgage product was coming to an end. After speaking with Adam he sent across via email some options of mortgage products and made an appointment for Jamie to call me a few days later to discuss which product we were interested in. I can not fault their friendliness or competence in dealing with me. Moving forward we have another 2 year mortgage deal which we are happy with. Read more Read less

    {"display":"LYNN B","full_name":"LYNN B","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Mortgages
    LYNN B 9th January 2025
  • 1/5

    The Truth about the Monmouthshire Building Society

    Once upon a time building societies existed to help people in their communities. In the case of the Monmouthshire Building Society this is no longer... Once upon a time building societies existed to help people in their communities. In the case of the Monmouthshire Building Society this is no longer the case. We have suffered extraordinarily difficult circumstances and they have and still are declining to offer us any meaningful help. Do not trust them. Do not believe their advertisements 'We are a mutual building society run for the benefit of our members'. This could not be further from the truth. Despite many requests they will not even meet us in person, which is a strange way to 'benefit' us. They are not reducing their interest rates as the Bank of England have done because in their words “As a Building Society we can increase or decrease our SVR at any time, and we do not need to follow the movement in the Bank of England Base Rate. This basically means that they can and are quite prepared to ruin their members. They have behaved so badly towards us that it beggars belief. Their complaints procedure is utterly pointless. Despite stating that they agreed with one of our complaints, they still were 'unable to uphold' it for an utterly nonsensical reason which has no correlation to the complaint. The complaints procedure is a box ticking exercise designed solely for them to appear to be fulfilling their obligations. Above all else, remember that the Monmouthshire Building Society are money lenders who, just like all other money lenders, are in it for themselves and themselves alone. They are causing us catastrophic financial ruin which was completely avoidable and the bottom line is they do not care. Even if you are critically vulnerable, they do not care. They should be utterly ashamed of themselves. Read more Read less

    {"display":"CM ","full_name":"CM ","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Mortgages
    CM 6th January 2025
  • 5/5

    Hassle free telephone support

    Had several telephone conversations with Joshua Davies regarding possible mortgage Rate Switch options. He clearly explained the alternatives and was very helpful and understanding about... Had several telephone conversations with Joshua Davies regarding possible mortgage Rate Switch options. He clearly explained the alternatives and was very helpful and understanding about our circumstances. Consequently, we completed a swap promptly and with very little effort or hassle on our part. Read more Read less

    {"display":"Orson C","full_name":"Orson C","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Mortgages
    Orson C 5th January 2025
  • 5/5

    In branch service review

    Mandy at the Monmouth branch has given me the best help and friendly, happy atmosphere, the place is happy and attentive.

    Savings
    Verified source 31st December 2024
  • 3/5

    In branch service review

    I have found it impossible to get online banking set-up. At the very end of my regular save I have discovered it operates calendar monthly... I have found it impossible to get online banking set-up. At the very end of my regular save I have discovered it operates calendar monthly and not from the date of my first deposit which was on the 19th. I assumed each month range from 19th to 19th. I discovered today that I have lost out on a lot of interest from the 1st of each month. I cannot find this in the T&Cs of the account. Read more Read less

    Savings
    Verified source 27th December 2024

    Products from Monmouthshire Building Society

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