A mortgage broker’s guide to Newbury for intermediaries

Discover how Newbury for intermediaries supports mortgage brokers with flexible criteria, specialist underwriting, and solutions for complex client cases

By Kath Villamayor

17 Apr 2026

Contents

All about Newbury for intermediaries
Newbury for intermediaries' products and services
Lending criteria that support different client profiles
Why Newbury for intermediaries is worth your attention

For mortgage brokers who want a lender that focuses on people, Newbury for intermediaries offers personal underwriting and flexible criteria. They also have a wide range of products for first time buyers, movers, remortgagers, and landlords.

In this guide, Mortgage Introducer will shed light on Newbury for intermediaries. We'll talk about what types of mortgages you can place with them for your clients plus some of their lending criteria. Want to know whether you should partner with Newbury? Read on for more.

All about Newbury for intermediaries

Newbury Building Society is based in Berkshire in the south of England and has been around since 1856. They have been serving members for more than 165 years, and the organisation and still operates as a mutual.

This building society is authorised by the Prudential Regulation Authority (PRA) and regulated by both the Financial Conduct Authority (FCA) and the PRA. Its registered office is on Bartholomew Street in Newbury.

For mortgage brokers, Newbury for intermediaries provides products that can be used for a wide range of situations. This building society lends on a manual underwriting basis, which means real people look at each case in detail.

This helps when you are placing a case with some complexity, such as unusual income patterns or older borrowers. Newbury has dedicated products for:

first time buyers
home movers
remortgaging borrowers
buy to let investors, including limited companies, expats and holiday lets

This building society lends on residential properties across England and Wales. Newbury for intermediaries also requires that buy to let properties meet current rules on Energy Performance Certificates (EPC) with a minimum rating of E.

Check out the top UK mortgage intermediaries in this linked article.

Newbury for intermediaries' products and services

Here are some of Newbury Building Society's home loan offerings:

1. First time buyer mortgages

Buying a first home is a major financial step for your clients, and Newbury has built a range of products to help them on to the property ladder. The focus is on keeping things simple, providing personal advice and allowing family support where needed.

Newbury can work with different first-time buyer routes, including purchases with a partner and family assisted arrangements. In joint mortgage sole proprietor cases, the parents can go on the mortgage with their child, while only the child is on the title to the property. This can help increase borrowing without affecting the parents' stamp duty position on additional properties.

2. Moving home loans

For home movers, Newbury for intermediaries has residential mortgages that can be used by both new and existing borrowers. Your clients might be upsizing, downsizing, or moving for work. Either way, Newbury offers a range of discount and fixed rate products, along with personal advice from registered mortgage advisers.

Existing Newbury borrowers might be able to port their current product when they move home, even part way through a deal. This can reduce costs and help keep their current rate. Applications are available across England and Wales, again with some restrictions in London.

Newbury's manual underwriting means each home mover case is looked at by a person rather than an automated system. This supports applicants with complex income or who are closer to retirement.

3. Remortgaging products

Remortgaging is a common discussion for mortgage brokers who want to help their clients lower monthly payments, reduce the term or raise extra capital from their homes. Newbury for intermediaries provides a remortgaging range that mirrors many of its purchase products and combines it with flexible criteria around loan size and purpose.

Newbury describes a standard remortgage process that aims to be simple, so your clients can start benefiting from the new rate quickly. Reasons to move a mortgage include reducing monthly payments, shortening the term or releasing equity for home improvements or other purposes.

There is also support for remortgaging Help to Buy loans from an existing lender to Newbury Building Society. Appointments with advisers are offered by telephone, video call or in branch and can be booked during branch hours, including Saturday mornings.

4. Buy to let options

Newbury for intermediaries has a full buy to let range that suits both new and experienced landlords. The society accepts:

standard buy to let
consumer buy to let
holiday let
expat buy to let, excluding borrowers living in EEA countries
limited company buy to let

Property for buy to let lending must be in England or Wales, with some restrictions detailed in the lender's glossary. Current rules on energy performance also apply. Any rental property must have an Energy Performance Certificate rating of at least E.

The discount rates give landlords flexibility in the early years, while the specialist HMO product supports higher yielding shared houses.

Lending criteria that support different client profiles

Beyond the headline products, Newbury for intermediaries backs up its offer with criteria that can help with real life situations you see as a mortgage broker:

Applicant ages and mortgage terms

All borrowers must usually be at least 21 at application. Newbury Building Society can consider applicants from age 18 where there is a guarantor or additional borrower, often a parent. Up to four applicants are allowed on a mortgage, although the lender uses a maximum of two incomes in its affordability assessment.

For loans where affordability is based on employed or self-employed income, the term should usually end by the stated retirement age and no later than age 70. Newbury for intermediaries can lend beyond 70, but these cases are reviewed individually and require ongoing evidence of affordability under its lending beyond retirement approach.

Where the term goes beyond 70, or a borrower is aged 70 or more at the start, the loan and affordability are based on pension income and non-earned income such as investments or rental income. The usual age limit at the end of the term is 90, unless the lender considers an exception. The maximum age of any applicant at the start of the mortgage is 80.

Loan sizes and loan to value limits

Newbury sets both minimum and maximum loan sizes. Many products start at a minimum of £50,000, although the overall minimum loan is £25,000. At this level, the borrower is likely to be offered the standard variable rate rather than a discounted or fixed rate.

For owner occupied residential mortgages, the maximum loan limits depend on loan purpose and loan to value (LTV):

up to £400,000 at 90% LTV
up to £500,000 at 85% LTV
up to £600,000 at 80% LTV
from £600,001 to £1,000,000 at 75% LTV

For remortgages with capital raising:

up to £500,000 at 85% LTV
up to £600,000 at 80% LTV
from £600,001 to £1,000,000 at 75% LTV

This gives you a guide on how much your clients can borrow relative to property value, and where higher LTVs are restricted to lower loan amounts.

For shared ownership, the minimum loan is £40,000. Watch this video for more:

Shared ownership demand in the UK is growing recently due to the influx of first-time property buyers.

Self-employed and second job income

Newbury for intermediaries can consider self-employed applicants and those working through limited companies or as sole traders. For limited companies, the lender usually works from an average of the last two years of salary and dividends. For sole traders, it tends to use an average of the last two years of earnings.

Where accounts are not audited, Newbury requires tax documentation such as SA302s or online tax calculations and Tax Year Overviews. The lender is open to discussing cases that sit outside standard rules and invites mortgage brokers to speak to them where something does not quite fit.

For borrowers with a second job, the extra income can be taken into account if they have been in that job for at least 12 months. If there is more than one part time job, the total income from each role can be considered. However, the lender will look at whether this working pattern is sustainable and usually expects total hours not to exceed 40 per week, so early discussion is encouraged.

Why Newbury for intermediaries is worth your attention

Newbury for intermediaries brings together long-standing mutual values and a wide set of mortgage products that suit many of the scenarios you face as a mortgage broker. This building society's focus on personal underwriting and flexible criteria gives you more room to place complex cases.

At the same time, their products for first-time buyers, movers, remortgagers, and buy to let investors are simple enough for your clients to understand. If you are looking for a lender that combines face-to-face advice and modern technology, Newbury for intermediaries is a strong partner to consider for your next mortgage case.

If you want to check out other home loan providers aside from Newbury for intermediaries, here are other guides for mortgage lenders with intermediary-only platforms:

You can browse our Guides section for more information on banks, mortgage lenders, and building societies.

A mortgage broker’s guide to Newbury for intermediaries

All about Newbury for intermediaries