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Fred Crome

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Review of the Newbury Building Society, Mortgages:
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Positive response to extension of mortgage term.

5
Newbury Building Society took a flexible attitude to our request to extend the term of our mortgage,despite my age being greater than the limit imposed by most lenders.The mortgage is joint with my wife who is considerably younger and will inherit half of my final salary pension plus joint assets.Newbury B S assessed all this plus our payment record and low loan to equity ratio and granted our request. We believe they demonstrated flexibility and individual treatment,whereas most lenders would have rejected the request outright on rigid maximum age policy. Reviewed on: 4th January 2018

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