Newbury Building Society

What Newbury Building Society does

Newbury Building Society is an independent, mutual building society founded in 1856 and headquartered in Newbury, England. It is owned by its members rather than external shareholders, and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and PRA under Financial Services Register number 206077. The Society serves retail savers and mortgage borrowers across three UK counties — Berkshire, Hampshire, and Oxfordshire — through 10 physical branches, telephone and video appointments, the myaccounts online and mobile platform, and a dedicated intermediary channel for mortgage brokers.

Its core product set spans residential mortgages (including first-time buyer, fixed, variable, discount, retirement interest-only, self-build, shared ownership, Help to Buy, GoGreen, and bridging) and a savings suite (easy access, fixed bonds, Cash ISAs including a 55+ Senior Monthly ISA, Children's, Business, and Existing Member/Welcome accounts). Pricing follows standard UK building society conventions: interest rate tiers by LTV and product type, application fees ranging from £0–£1,500, free valuations and free legals on selected remortgages, early repayment charges on fixed and discounted products, and a 6.0% Standard Variable Rate.

Distribution combines a regional branch network, a named intermediary team with postcode-aligned BDMs supported by an online broker portal, and self-service digital channels. Revenue is generated principally through net interest margin on the matched mortgage and savings book, supplemented by one-time mortgage application, valuation, and exit fees. Customer segments include first-time buyers, home movers, buy-to-let landlords, existing borrowers, savers, and self-build and later-life borrowers, with differentiated support for limited-company BTL, HMO, holiday let, and energy-efficiency retrofit use cases.

Name

Newbury Building Society

Legal name

Newbury Building Society

Website

https://newbury.co.uk

Company type

Private

Founded year

1856

Operating status

Operating

Headcount range

101–250 employees

Short description

Newbury Building Society is an independent mutual building society providing residential, buy-to-let, specialist, and green mortgages alongside a range of savings accounts to retail customers across Berkshire, Hampshire, and Oxfordshire via 10 branches, a broker intermediary channel, and the myaccounts digital platform.

Ownership category

akta.pro rank

Product category

Building Society / Retail Banking

NAICS

Mortgage and Nonmortgage Loan Brokers (52231), Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Mortgage Bankers & Loan Correspondents (6162), Savings Institutions, Not Federally Chartered (6036), Loan Brokers (6163)

akta.pro primary industry

Building Societies (Mutual Mortgage/Retail Banks) (FSABAEAE)

Keywords

• Retail banking services
• Residential mortgages
• Savings accounts
• Buy-to-let lending
• Building society

Headquarters

HQ city

Newbury

HQ country

United Kingdom

HQ region

Europe

Offices10 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Mortgage Lending: Interest income from residential mortgages including first-time buyers, home movers, remortgages, buy-to-let, shared ownership, self-build, and retirement interest-only products. Revenue generated through variable and fixed rate mortgage interest.
2. Savings Deposits: Acceptance of savings deposits from individuals, including easy access accounts, fixed rate bonds, ISAs (including cash ISAs for various age groups), children's savings, and business savings. Building societies use these deposits to fund mortgage lending.
3. Mortgage and Account Fees: Application fees for mortgage products ranging from £0 to £1,500 depending on product type, valuation fees, mortgage exit administration fees (£100), and other account-related charges.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

Newbury Building Society is an independent, mutual building society that accepts retail and business deposits and lends through a comprehensive mortgage portfolio. It offers residential mortgages (first-time buyer, home mover, remortgage, shared ownership, self-build, retirement interest-only, bridging, Help to Buy, GoGreen), buy-to-let mortgages (standard, HMO, holiday let, limited company), and a savings range (easy access, fixed rate bonds, Cash ISAs, Senior Monthly Cash ISA, Existing Member Account, Welcome to Newbury, children's, business, restricted access). These products are delivered through 10 branches across Berkshire, Hampshire, and Oxfordshire, an intermediary broker channel, and the myaccounts digital platform.

Product overview

Newbury Building Society is an independent, mutual building society offering a comprehensive range of mortgage and savings products through both digital platforms (myaccounts online banking, intermediary online service, mobile app) and a network of ten branches across Berkshire, Hampshire, and Oxfordshire. The mortgage portfolio includes residential products for first-time buyers and home movers, specialist products for buy-to-let (including limited company, HMO, and holiday let), self-build, shared ownership, later life lending (retirement interest only), bridging finance, and GoGreen products supporting energy efficiency. Savings offerings encompass easy access accounts, fixed rate bonds, ISAs (including a specialist Senior Monthly Cash ISA for over-55s), accounts for existing members, children's savings, and business savings. Additional services include video appointments, financial education programmes, community support scheme funding, and free legal services for remortgages. The Society serves customers directly and through an intermediary channel for mortgage products.

Differentiator

Problem solved

Functional benefit

Brands

• Junior Newbury Building Society: Financial education program for primary school children, providing money workshops and educational resources for young savers.
• myaccounts
• GoGreen Mortgages

Products and services

• Residential Mortgages Standard mortgage products for purchasing or remortgaging residential properties, available in fixed and variable rate options with various LTV tiers up to 95%, for individual homeowners and home movers in England and Wales.
• First-Time Buyer Mortgages Mortgage products designed specifically for individuals purchasing their first home, including family assistance provisions, shared ownership options, and flexible income assessment for employed and self-employed applicants.
• Buy-to-Let Mortgages Mortgage products for landlords purchasing property to rent, including standard BTL, House in Multiple Occupation (HMO), Holiday Let, and Limited Company BTL options. Available to individual landlords and limited companies, including expat landlords.
• Shared Ownership Mortgages Mortgages for buyers purchasing a share of a property through shared ownership schemes, with options for first-time buyers and existing borrowers looking to staircase to higher ownership.
• GoGreen Mortgages Environmentally-focused mortgage products supporting energy efficiency improvements and retrofitting for homeowners and landlords, including further advance options for existing borrowers.
• Self-Build Mortgages Specialist mortgage products for customers building their own homes, with funds released in stages as construction progresses and ongoing monitoring of build progress.
• Retirement Interest-Only Mortgages Later life lending product including Retirement Interest-Only (RIO) mortgages for customers aged 55 and over who want to borrow into retirement or release equity from their home.
• Bridging Loans Short-term financing solutions for urgent property transactions while long-term funding is arranged.
• Help to Buy Mortgages Mortgage products used in conjunction with the government's Help to Buy equity loan scheme.
• Existing Borrower Mortgage Products Mortgage products for existing Newbury customers looking to transfer or switch deals, borrow additional funds (further advances) on their current mortgage, or make property improvements.
• Easy Access Savings Flexible savings accounts allowing unrestricted access to funds with competitive interest rates, including the Easy Access Cash ISA at 2.75%.
• Fixed Rate Bonds Savings products with fixed interest rates for a defined period, offering certainty of returns to savers.
• 180 Day Cash ISA Cash ISA with a 180-day notice/access period, launched at 3.75% interest rate as part of Newbury's ISA portfolio refresh in April 2026.
• Cash ISAs (Easy Access, 90 Day, 60 Day) Tax-efficient savings ISA products including Easy Access Cash ISA at 2.75%, 90 Day Cash ISA at 3.25% (new rate from April 2026), and 60 Day Cash ISA (renamed from Notice Cash ISA), each with different notice/access terms.
• Senior Monthly Cash ISA Flexible, easy access Cash ISA designed for customers aged 55 and over, providing monthly income.
• Existing Member Account (EMA) Easy-access savings account exclusively for existing members who have held a product with the Society for 12 months or more, with a maximum deposit limit of £10,000.
• Welcome to Newbury Account Easy-access savings account for new customers to Newbury Building Society, with a maximum balance of £8,000.
• Children's Savings Savings accounts designed for young savers, with special coin deposit allowances to encourage savings habits from a young age.
• Business Savings Savings accounts tailored for business customers and organisations, held under FSCS protection up to £120,000.
• Restricted Access Savings Savings accounts with limited access provisions, typically offering higher interest rates in exchange for reduced withdrawal flexibility.
• myaccounts Online Banking Digital banking platform for existing Newbury customers to manage savings accounts, view mortgage details, access documents, make deposits via debit card or bank transfer, and communicate securely with the Society via web browser and mobile app.
• Intermediary Online Service Online portal at intermediaries.newbury.co.uk for mortgage brokers and financial advisers to submit Decision in Principle (DIP) requests, track applications, upload documents, and manage client cases through to completion.

Quantifiable outcome

• Nearly £500,000 in cash transactions processed through Thatcham OneBanx kiosk since 2024
• +2 more outcomes

Named customers4 records

Segments8 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• OneBanxcoreTechnology or Integration · 1 January 2024Partnership to install OneBanx automated cash access kiosks at branch locations (Thatcham), providing universal cash withdrawal services to both customers and non-customers. The kiosk at Thatcham has processed nearly £500,000 in transactions since installation in 2024, addressing the gap left by widespread bank branch closures.
• Severn Wye Energy AgencycoreStrategic or Co-development PartnerSustainability charity partnership supporting homeowners and landlords to improve property energy efficiency. Severn Wye provides free home energy assessments (£1,000+ value) and detailed retrofit improvement reports. Newbury has collaborated on pilot projects including grants for solar panel installations, helping customers improve EPC ratings from C to A.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• West Bromwich Building Society: UK regional mutual building society offering savings and a full mortgage range including specialist products. Comparable to Newbury on mutual governance, regional branch network, and intermediary-led mortgage distribution.
• Skipton Building Society: Large UK mutual building society offering savings and a comprehensive residential, BTL, and specialist mortgage range. Direct peer to Newbury on mutual structure, mortgage/savings product mix, and intermediary distribution, with a substantially larger national footprint.
• Cambridge Building Society: Mid-sized UK regional mutual building society operating in the East of England, offering residential, BTL, and savings products. Closely comparable to Newbury in mutual structure, regional branch model, and intermediary distribution.
• Leeds Building Society: UK mutual building society with a specialist mortgage focus (including self-build, BTL, and complex income cases) and a national intermediary footprint. Comparable to Newbury on specialist mortgage positioning and broker-led GTM.
• Principality Building Society: Welsh mutual building society offering savings and a full residential, BTL, and shared ownership mortgage range. Highly comparable to Newbury in mutual structure, intermediary-led distribution, and regional rather than national operating model.
• Bath Building Society: Small regional UK mutual building society with a similar local branch network and savings/mortgage product focus. The closest size and footprint analogue to Newbury among UK building societies.
• Nottingham Building Society: Regional UK mutual building society with a comparable savings and mortgage product range, including intermediary distribution. Direct peer to Newbury in size, mutual structure, and product scope.
• Yorkshire Building Society: One of the UK's largest mutual building societies, providing mortgages, savings, and insurance. Comparable to Newbury in mutual governance and core mortgage/savings proposition, but with multi-region branch presence and significantly larger balance sheet.
• Coventry Building Society: Top-three UK mutual building society with a strong intermediary channel and broad residential, BTL, and savings range. Direct competitor for Newbury in the mortgage broker market and on savings accounts, with national rather than regional reach.

Broad incumbents

• Nationwide Building Society: The UK's largest mutual building society, offering a full retail banking suite including current accounts, mortgages, savings, and credit cards. Functions as the dominant incumbent in the same mutual building society category as Newbury, but at vastly greater scale and product breadth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/NewburyBS
• LinkedInlinkedin.com/company/newbury-building-society
• Instagraminstagram.com/newburybs
• Xx.com/NewburyBS

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Newbury Building Society