First Complete adds Newbury to panel

Newbury will provide First Complete members with shared ownership mortgages, buy-to-let and Homestarter mortgages alongside a range of residential mortgages requiring just 5% deposit.

Its range of buy-to-let mortgages will also be available for ex-pats, while its Homestarter mortgage will be on an interest only basis for the first 3 years to provide first time buyers with more flexibility and a more affordable options.

The Society, which has been around for over 150 years and is committed to helping people buy their own homes, pledges to underwrite every case individually and to consider all situations and employment types.

Newbury can also provide First Complete advisers with direct telephone access to both staff and underwriters.

Toni Smith, sales operations director at First Complete, said: “Newbury Building Society is a welcome addition to the First Complete lender panel.

“Its flexible underwriting and personal direct service will be very much appreciated by all of our broker members. It also brings a welcome range of both niche and standard mortgages.”

Karen Smith, area manager for Newbury Building Society, added: “It is our stated ambition to help increase levels of home ownership while sticking to traditional building society values.

“First Complete is one of the most well respected networks in the country, known for the quality of its mortgage applications. Working with First Complete will help us to bring our personal style of lending to even more brokers and borrowers than ever before providing a service for those people who realise, like we do, that there is no ‘one size fits all’ in the world of mortgages.”