Post Code Restrictions:
For standard residential, Shared Ownership and Help to Buy we lend throughout England and Wales.
Register to place business with Newbury Building Society:
*Please select that you are a PMS Mortgage Club member when registering, placing business or checking existing payment route to ensure you receive the procuration fee quoted by PMS.
Newbury Building Society understands one size doesn’t fit all. We can help clients looking for a mortgage, even when they don't necessarily tick the typical high-street boxes:
Residential: fixed, variable and interest-only options, available across England and Wales. Newbury can help with split terms, split repayment types and joint owner – sole proprietor.
Shared Ownership and Help to Buy Equity Loan: available up to 95% LTV on new build flats and houses across England and Wales.
Buy-to-let: Regulated, consumer, limited company, ex-pat and holiday products available for purchase and re-mortgage. Newbury also looks at the applicant’s financial situation and can take surplus income into account if the rental coverage doesn’t work (top-slice).
Self-build: Lending up to 66% of the land value, with planning permission in place, and up to 75% during the build phase. Funds are releases in stages, between two and six stages. Modern methods of construction, unusual properties and renovations are also considered.
Foreign currency income loans: Newbury considers applications where income/or the asset to repay the loan is in foreign currencies (including Euros, Australian Dollars and Hong Kong dollars). 100% of the converted income is used for affordability.
Self-employed, freelancers and day-one contractors: Self-employed persons with less than 3 years accounts considered, flexible approach to self-employed, will look at net profits plus directors remuneration (will also look at retained profit). Day contractors considered based on day rate of an average 48 week of the year. Fixed term contracts considered, CIS contractors treated as employed.