Newcastle Building Society Intermediary Services
Welcome to Newcastle Building Society Intermediary Services, the intermediary arm of Newcastle Building Society. While Newcastle Building Society offers a range of products direct through its own network, we realise some people like to deal with financial advisors and we actively support this, with specialist staff and straightforward ways to do business with us.
Newcastle is the biggest society in the North East with assets of around £4 billion. Although based in the North East we support lending across the whole of the UK, providing availability of our intermediary products in England, Scotland, Wales and Northern Ireland.
Latest News - Newcastle Increases Its Procuration Fees
Great news! Following a review, Newcastle Building Society Intermediary Services (NBSIS) has increased the proc (procuration) fees it pays to brokers for advising on and introducing residential mortgages from 0.35 to 0.40%. For the full details of our announcement please click here.
MMR UPDATE
The FCA’s Mortgage Market Review (MMR) will soon be upon us. As you would expect Newcastle Building Society Intermediary Services (NBS IS) has taken steps to make sure we are compliant with all the relevant new requirements which come into effect on 26 April 2014. The good news is we are already well prepared for the changes and believe we will have a smooth transition with our intermediary partners. Find out more in our ‘MMR Update’, which can be found via the following link.
Newcastle Building Society Intermediary Services - MMR Update 28 March 2014
The Financial Conduct Authority (FCA) have published a consumer leaflet which provides further information of how the changes will impact on your customers. For a printable version of this leaflet please click here.