Newbury Building Society

Stepped Discount: your rate will depend on how much of a deposit you can afford to put down. Your rate is stepped for next three years. After the stepped discount period your mortgage will revert to the Society’s standard variable rate.

An application fee is payable. An early repayment charge is payable if you repay your mortgage in full within the first 3 years. You can repay up to 10% per year of your original loan amount as a lump sum payment or in a series of overpayments, without charge. Interest is calculated on a daily basis. This mortgage is portable.

Discount: your rate will depend on how much of a deposit you can afford to put down. Your initial rate will be set at a discount off a variable rate for 3 years. After the discount period has finished your rate will revert to the Society’s standard variable rate.

There is no arrangement fee. An early repayment charge is payable if you repay your mortgage in full within the first 3 years. You can make lump sum payments or overpayments without charge through the life of the mortgage, as long as you do not repay the loan in full during the first three years. Interest is calculated on a daily basis. This mortgage is portable.

Standard Variable Rate: Your mortgage will be set at the Society’s standard variable rate.

There is no arrangement fee. There is no early repayment charge. Interest is calculated on a daily basis. This mortgage is portable.

The mortgages listed above are also available for existing customers of Newbury and people wishing to re-mortgage.

If you are interested in a mortgage quotation including those offered by Newbury Building Society please complete our quick enquiry form.

Newbury has a Buy to Let mortgage available if you want to finance a property to let or re-mortgage a let property within the Newbury local lending area (although it will consider suggestions outside this area). Each mortgage application is assessed on an individual basis.