Newbury Building Society reviews
Newbury Building Society reviews
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What is this?
These badges highlight financial providers that are consistently rated top by customers. It’s a clear sign you’re dealing with a trusted, highly-rated company. Find out more about how these badges work.
What is this?
These badges highlight financial providers that are consistently rated top by customers. It’s a clear sign you’re dealing with a trusted, highly-rated company. Find out more about how these badges work.
Review summary
People rate this company as Excellent based on 9,739 product reviews
Latest positive rating
Once again, Newbury use common sense when providing...
Once again, Newbury use common sense when providing solutions to older clients, enabling them to use equity in their homes to help their families achieve... Once again, Newbury use common sense when providing solutions to older clients, enabling them to use equity in their homes to help their families achieve their goals. Every member of staff from BDMs, whose knowledge and experience ensures all aspects of the case fits before submission, to processing team who are always happy to take a call and the Underwriters who you can speak to, makes the journey easy. People dealing with people gives the client a good result. Read more Read less
Latest negative rating
*AVOID* Undervalued new build / cost £12k to leave them
Newbury provided a self-build product and during the build and undervalued the build and refused to provide next tranche of cash so I had to... Newbury provided a self-build product and during the build and undervalued the build and refused to provide next tranche of cash so I had to take a personal loan to keep it going. Every single estate agent, builder and local person knows that the land alone was worth more than the value they placed on the build, but thier surveyor was way off. Even worse than this, on completion they again undervalued so I didnt have the required LTV. I had 4 independant valuations at £300k more than thier valuation. They shouldnt offer self-build mortgages if they cannot work with clients. Avoid - their in-house surveyor ruins everything with his stupid valuations and I has to pay £12k to get out of the product and find a decent lender - now have all the funds at 75% LTV because they use an independant surveyor report and the valuation is correct. AVOID AT ALL COSTS Read more Read less