MCI Mortgage Club adds Newbury BS to lender panel

MCI Mortgage Club has announced the addition of Newbury Building Society to its panel of lenders.

Newbury offers a wide mortgage range that includes standard residential and buy-to-let products, as well as those for self-build, semi commercial and unusual properties.

The society will lend on new build and shared ownership properties, including flats, throughout England, Wales and Central London – up to a maximum of six stories.

Newbury also offers retirement interest only and joint borrower sole proprietor mortgages while catering for expats, and will accept mortgage payments in 10 different foreign currencies.

Head of MCI Mortgage Club, Melanie Spencer, commented: “Newbury is a very versatile lender and really gets to understand the borrower’s needs with its manual underwriting approach.

“Our members will be able to benefit from Newbury’s wide range of mortgage products and we look forward to working with the team.”

Newbury sales manager, Karen Smith, added: “We have a dedicated intermediary help desk and are always happy to discuss cases as we have a flexible approach to lending and take a common-sense view on underwriting.

“Brokers are assigned their own case handler from application through to mortgage offer and are on hand to assist in any way they can.”

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