Newbury Building Society Reviews 42

TrustScore 4 out of 5

3.8

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Rated 5 out of 5 stars

We were seeking a mortgage on our existing house and were put in touch with Newbury. We've had an excellent service from them. They have communicated clearly and concisely, and responded promptly to a... See more

Company replied

Rated 5 out of 5 stars

My wife and I have been members virtually since the time we moved to Didcot over 28 years ago and in all thar time we have never felt unwelcome or had any bad experiences. Quite the opposite in effect... See more

Company replied

Rated 1 out of 5 stars

Newbury given an ISA transfer request (twice) well before maturity period expired. On expiry it took a week to process and then send the money to the new provider by (wait for it) a cheque. What kind... See more

Company replied

Rated 1 out of 5 stars

I took a mortgage out with NBS several months ago (tracker) and despite two recent interest rate cuts (0.5% total) they have only shaved 0.3% off by June 2025. Typically will use the protecting savers... See more

Company replied

Company details

  1. Financial Institution
  2. Mortgage Lender
  3. Savings Bank

Written by the company

Welcome to Newbury Building Society we provide mortgages and savings. Owned by our members, we exist solely for their benefit. Berkshire, Hampshire and Oxfordshire branches.


Contact info

3.8

Great

TrustScore 4 out of 5

42 reviews

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Rated 5 out of 5 stars

A professional and helpful service from Newbury

We were seeking a mortgage on our existing house and were put in touch with Newbury. We've had an excellent service from them. They have communicated clearly and concisely, and responded promptly to any issues or queries that we raised. We really couldn't fault them.

26 January 2026
Unprompted review
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Reply from Newbury Building Society

Thank you so much for your kind words Will! We're glad that you had a great experience with us!

Rated 1 out of 5 stars

Difficult to open account.Put my…

Difficult to open account.Put my national insurance number in a dozen times ,with gaps , without gaps,large text, small text, but to no avail?Most user unfriendly so i just gave in eventually.

6 January 2026
Unprompted review
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Reply from Newbury Building Society

Hi, we are sorry to hear your frustration in this instance. This normally happens if you have previously been a customer or signatory and your details already exist, we would be more than happy to assist if you'd like our customer services team to contact you. Kind regards, Emma

Rated 5 out of 5 stars

Remortgage

Remortgaged with them and the whole process from the first phone call was efficient and customer focused. They provided a very competitive product plus they also liaised seamlessly with the solicitors (Taylor Emmet) who acted on behalf of both parties. All in all very good.

14 October 2025
Unprompted review
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Reply from Newbury Building Society

Thank you for the fantastic review! We're so pleased the remortgage process was smooth and efficient. We really appreciate your feedback!

Rated 4 out of 5 stars

Everything was as expected from a…

Everything was as expected from a professional organisation. No complaints

17 October 2025
Unprompted review
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Reply from Newbury Building Society

Good morning Richard, we really appreciate your kind words. Thank you for sharing your feedback!

Rated 3 out of 5 stars

Some great staff but some poor staff

In the Andover branch it really depends on the member of staff who helps. The vast majority are really good at their job. However, there is one member of staff who really needs more training when it comes to customer service and dealing with bereavement cases, especially when the branch staff have not provided the correct information to the customer It took 3 trips into the branch before I could close an account. Unfortunately due to her conduct we decided to close the account, withdraw all the funds and invest in another building society.

18 August 2025
Unprompted review
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Reply from Newbury Building Society

We are disappointed to read about your experience, and send our condolences for your loss. We would like to apologise, our branch manager will be in touch. He will be looking at what happened. Thank you for letting us know, we appreciate the opportunity to ensure our service is great every time.

Rated 1 out of 5 stars

Disappointing Mortgage Experience – Would Not Recommend NBS

We took out a discounted tracker mortgage with NBS in December 2024, and our experience since then has been deeply disappointing. Despite two base rate cuts totalling 0.5%, NBS has only passed on a fraction of that to mortgage holders. This feels like selective profiteering, they benefit from the full reduction in their own borrowing costs, yet choose how much (or how little) to pass on to customers.

What’s worse is that savers have been hit just as hard - they’ve slashed savings rates aggressively. So, they’re squeezing customers at both ends. I've held mortgages with several providers before, and I’ve never encountered one so reluctant to treat customers fairly when rates fall.

To their credit, we are able to overpay up to 20% annually without penalty - and we’re taking full advantage of that. We’re making aggressive overpayments purely to avoid paying NBS any more interest than we have to.

In stark contrast, our previous mortgage with First Direct was straightforward, transparent, and honest. The difference in customer experience is night and day.

We would not take another product with NBS, and I’d advise others to look carefully at how your lender treats customers after you sign the paperwork - that’s when it really matters

6 August 2025
Unprompted review
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Reply from Newbury Building Society

Hi Emma,

Thank you for taking the time to share your experience. We're sorry to hear that your mortgage journey with us hasn’t met your expectations, and we appreciate you raising your concerns.

We’d like to clarify that we do not offer tracker products which are directly linked to the Bank of England base rate. We do offer discounted variable rate products, which are not directly linked to the Bank of England base rate.

Unlike tracker mortgages, which follow the base rate explicitly, discounted variable products are linked to our Standard Variable Rate (SVR). While our SVR may not move in line with base rate changes, it remains one of the lowest in the market, reflecting our commitment to offering long-term value to our members.

It’s also worth noting that when the Bank of England base rate rose from its record low of 0.10% to a peak of 5.25%—an increase of 5.15%—we increased our SVR by only 3.05%. This demonstrates our efforts to shield borrowers from the full impact of rising rates.

As a mutual building society, we’re owned by our members, not shareholders. This means we have a responsibility to balance the needs of both borrowers and savers, and our rate decisions are made with this balance in mind to support all members fairly and sustainably.

We’re pleased to hear that the overpayment flexibility has been helpful, and we’re glad you’ve been able to make use of that feature.

If you would like to discuss this further then please do not hesitate to contact us.

Rated 5 out of 5 stars

Personal banking

Personal banking. The way it should’ve done. Yes the app and online is a bit backwards, but I think it’s deliberate to keep personal banking. If ever I have an issue the store can sort it out quickly I never feel out of place by popping into the store

5 August 2025
Unprompted review
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Reply from Newbury Building Society

Thank you for your feedback. We're pleased to hear our in-branch service continues to meet your expectations and that you feel supported when visiting. Your comments are appreciated.

Rated 5 out of 5 stars

A Personal Service.

A personal service ……you can speak with a person in branch. Online is of course also available. Nice combination!

31 July 2025
Unprompted review
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Reply from Newbury Building Society

Thanks so much for your kind words! We're glad you appreciate the flexibility of having both personal service in-branch and online options. It's great to hear the combination works well for you!

Rated 5 out of 5 stars

My experience on opening an account with Newbury building society My appointment with Ritu on opening my…

My appointment with Ritu on opening my account was delightful very courteous and professional. to be treated as a human being by a human being was my highlight rather than being dictated to by a machine and AI. to some of us service and personal communication is more important sometimes than the best rates rather than being treated as a number.

23 July 2025
Unprompted review
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Reply from Newbury Building Society

Thank you for taking the time to leave feedback Richard, we really appreciate it and will share your comments with Ritu, who will be so pleased to read them.

Rated 5 out of 5 stars

A truly local Building Society

I've dealt with Newbury Building Society for 45 years and my experience has been consistently excellent - personal and efficient. It feels as if it takes its place as a local Building Society, seriously. The possible face to face or telephone contact is always helpful and friendly.

23 July 2025
Unprompted review
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Reply from Newbury Building Society

Hi Liz, thank you so much for your kind words and taking the time to provide feedback - we really appreciate it.

Rated 5 out of 5 stars

Always a pleasure…

My wife and I have been members virtually since the time we moved to Didcot over 28 years ago and in all thar time we have never felt unwelcome or had any bad experiences. Quite the opposite in effect - always a warm welcome and friendly/ professional advice. Your interest rates are fully up to and in most cases exceed your competitors so very well done. Always a pleasure to walk into the Branch especially in your new premises which are a step change from the old ones! Well done.

22 July 2025
Unprompted review
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Reply from Newbury Building Society

Thank you so much for your kind words and for taking the time to leave feedback - we do really appreciate it. We're so pleased you like the new branch - we are really proud of it!

Rated 5 out of 5 stars

No appointment needed!

I popped in on the off chance to open an ISA account and was seen to straight away. Hannah sorted it all out in a few minutes. Most impressed. But then I’ve always had great service at Newbury BS

21 July 2025
Unprompted review
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Reply from Newbury Building Society

Thank you for taking time to provide feedback Tim, we appreciate it. We will share your comments with Hannah - who will be so pleased to read them. Thanks again.

Rated 5 out of 5 stars

Excellent service ⭐️

Excellent service ⭐️

I rang the branch to make an appointment to open a new account. There were no convenient times available online but the lady went out of her way to find an appointment that fitted around my working hours. At the appointment I met a different lady who was equally fantastic. Great service ⭐

5 July 2025
Unprompted review
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Reply from Newbury Building Society

Thank you for taking the time to leave feedback Amanda - we really do appreciate it!

Rated 1 out of 5 stars

NEWBURY BUILDING SOCIETY FREEZES MY ACCOUNTS WITH NO NOTICE!!!!!!!!

THE NEWBURY BUILDING SOCIETY wrote to me out of the blue informing me they had frozen my savings accounts and both accounts are now DORMANT!!
To unfreeze them I need to fill out a very long form
along with proving who I am along with a lot of personal questions that have no relevance.
They try this old trick hoping the account holders are no longer able to manage their affairs so they can steal the money with no one noticing !
Also some years ago I tried to borrow off the Newbury Building Society, a very nasty lady asked me hundreds of pointless condescending questions
over some weeks only to offer me a fraction of what I needed for a family emergency.
I easily borrowed 300% more elsewhere !
I will certainly be removing my savings from the NEWBURY BUILDING SOCIETY.

20 June 2025
Unprompted review
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Reply from Newbury Building Society

Thank you for your feedback. We’re sorry to hear about the frustration and inconvenience you’ve experienced.

We understand how concerning it must have been to receive notice that your accounts were marked as dormant. As a regulated financial institution, we are required to follow guidelines to protect our members’ funds, especially when accounts show no activity over an extended period. This includes verifying identity and account ownership before reactivating dormant accounts — a process designed to safeguard your account and ensure your money remains secure.

To reassure you, we do not access our members accounts at any time.

We also regret to hear about your past experience when applying for a loan. Our aim is always to treat every member with respect and fairness, and we’re sorry if you felt otherwise.

Your feedback has been shared with the relevant teams so we can continue to improve our service and communication.

If you wish to discuss this further then please don’t hesitate to contact us.

Rated 5 out of 5 stars

Help form the Mortgage dept…

I needed some help to transfer a large amount of money to the Newbury, I sought the help of INDU in the mortgage dept and she was fantastic. Nothing was too much trouble, and she sorted things for me very quickly.
Always polite and a real pleasure to talk to.
Well Done young Lady.

17 June 2025
Unprompted review
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Reply from Newbury Building Society

We’re thrilled to hear that you had a great experience with us. Our team works hard to make the process as smooth and stress-free as possible, and it’s incredibly rewarding to know we hit the mark for you.

Thanks again for your kind words and for choosing us!

Rated 1 out of 5 stars

Profiteering before it’s customers

I took a mortgage out with NBS several months ago (tracker) and despite two recent interest rate cuts (0.5% total) they have only shaved 0.3% off by June 2025. Typically will use the protecting savers argument or excuse but they have cut those rates by far more. Avoid at all cost, simple profiteering rather than passing on interest rate cuts. Won’t ever use them again (for anything).

15 May 2025
Unprompted review
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Reply from Newbury Building Society

Thank you for your feedback regarding the recent 0.10% reduction in our Standard Variable Rate (SVR), following the Bank of England’s 0.25% base rate cut.

Tracker mortgages have not been, and are not currently available. However we do offer discounted products, which are linked to our Standard Variable Rate (SVR).

While SVRs are influenced by changes in the base rate, each lender sets their own rates based on a range of factors. We understand it may be disappointing not to see the full reduction passed on, but we aim to act with consideration for all our members across both mortgages and savings when making these decisions. This sometimes means that savers and borrowers receive different changes in response to movements in the base rate.

You can see how we’ve approached this over the past seven years in the table on our website, which includes the period of rising rates between 2021 and 2023. During that time, we passed on only 3.05% of the total 5.00% increase to SVR borrowers, helping to protect them during a challenging period. https://www.newbury.co.uk/mortgages/mortgage-guides-and-information/current-and-previous-interest-rates/

Our SVR remains one of the lowest in the market at 6.30%, and many borrowers with SVR-linked products benefit from discounted rates well below this level.

We understand that any change to your mortgage matters. If you’d like to discuss this further, we’d be happy to refer you to a specialist in this area.

Rated 5 out of 5 stars

Human Touch

Having read the reviews regarding living in the dark ages they still hold on to the human touch element. In today's society to be able to speak to a human who can make a decision following an actual discussion is amazing. I left my job of 10 years working for a major high street bank who have adopted the "computer says no" approach as there was no longer a common sense approach to lending.
This far outways any modern technology. I'm with Newbury all the way.

9 April 2025
Unprompted review
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Reply from Newbury Building Society

Hi Jackie! We appreciate you taking the time to leave this wonderful feedback! We’re really glad that you had a positive experience with us!

Rated 5 out of 5 stars

I have been with Newbury Building…

I have been with Newbury Building society for many years and have to say they are brilliant I have never had an issue with them in all this time
I spoke to Angela Burton about a new mortgage product, Brian Marcham savings & a young girl I think her name was Mass customer service and they where all superb very friendly & knowledgeable
First class customer service

19 March 2025
Unprompted review
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Reply from Newbury Building Society

Hi Ian, thank you for taking the time to leave us a review, we really do appreciate it. We will be sure to share your comments with Angela, Ryan and Vess who will be so pleased to hear them.

Rated 5 out of 5 stars

Exemplary customer service

I used mylostaccount.org.uk to trace an old Newbury account that I knew existed but had no documents for.

I received a letter within a few days (dated the day after my enquiry) clearly explaining what I needed to do to access my account. When I rang to clarify some details I was immediately put through to the right team - and the same person who'd sent the letter - who went through thorough security questions and gave more excellent advice. This was followed up very quickly by email, as was the case for all documents and processes that needed to be dealt with after that.

I won't use Gemma's last name in this review as it's public, but she is an absolute star. I could not be more impressed, and have decided to keep my ISA with the Newbury largely due to her and what she represents in the Society. She clearly knows her stuff inside out, and I hope she's recognised for her excellent work. Thank you, Gemma!

5 February 2025
Unprompted review
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Reply from Newbury Building Society

Hi Rosie, thank you for taking the time to leave us a review, we really do appreciate it. We will be sure to share your comments with Gemma, who will be over the moon to hear them.

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