Legal Information
Newcastle Building Society Details
Newcastle Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority and is entered in the FCA Register under number 156058. We are permitted to advise on, arrange, enter into and administer mortgages and permitted to advise on, arrange and administer general insurance. You can check this on the FCA Register or by contacting the FCA on 0800 111 6768.
Newcastle Building Society introduces to Newcastle Financial Advisers Limited (NFAL). Newcastle Financial Advisers Limited is an appointed representative of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.
Newcastle Building Society registered office:
1 Cobalt Park Way
Wallsend
NE28 9EJ
Charitable Foundation
Information for Customers
Newcastle Building Society is committed to remaining a mutual building society and wants to protect its members from any disruption to its business caused by speculators.
In order to achieve this, all new customers opening share accounts are required to agree to sign a declaration agreeing to assign to the community foundation any windfall benefits which they may become entitled to on a future conversion or takeover of the Society. This agreement will last for the first five years of membership, after which the agreement will cease to have effect for the member in question.
What do we mean by windfall benefits?
This is a benefit which a person has the right to receive as a shareholding member of the Society, under the terms of any transfer of the business to a company on conversion or takeover to a successor.
What do we mean by assigning benefits?
A member whose membership began on or after 1 April 1999 will need to sign a declaration agreeing that, for the first five years of membership, any windfall conversion benefits to which the member may become entitled to would automatically pass to the Community Foundation.
What does this mean for new members?
All new members opening a savings account must enter into an agreement with us to join the scheme, however this does not affect new members applying for a mortgage.
What does this mean for existing members?
If you were a member of the Society on 1 April 1999 and have continued to be a member since that date, the scheme does not affect you and you may open new accounts without signing the agreement.
How can I get more information?
If you need more information please ask at your local or telephone our Customer Contact Centre on 0345 734 4345. Lines are open from 8:00am to 6:00pm, Monday to Friday.
Terms and Conditions of website use
The Society controls and maintains this website from England. The mortgage products and services described in this site are available only to residents of England, Wales or Scotland who purchase a property in one of those jurisdictions.
By using this site you confirm that you accept these terms of use and that you agree to comply with them. If you do not agree to these terms, you must not use our site. We recommend that you print a copy of these terms for future reference.
The material and information on the website may not satisfy the law or regulations of any other jurisdiction and it is your responsibility to observe these restrictions. The material or information should not be distributed or accessed by any person in any such jurisdiction. You accept that your use of this website and any material or information on the website is subject to English law and if any dispute arises from your use of this website or material or information contained on it that such dispute will be heard in the courts of England and Wales.
The information and material on this website should not be regarded as an offer, solicitation, invitation, advice or recommendation to buy or sell investments, securities or any other financial service or product of the Society or any other issuer. All products and services described on this website are subject to availability.
We do not guarantee that our site, or any content on it, will always be available or be uninterrupted. We may suspend or withdraw or restrict the availability of all or any part of our site for business and operational reasons. We will try to give you reasonable notice of any suspension or withdrawal. All of the contents that may be available on this website, from time to time, including but not limited to, all text, graphics, links, marks, logos, trademarks and sounds are the intellectual property of the Society or its licensors and protected by intellectual property laws and may not be used, copied, downloaded, distributed or published in any way without the Society's prior written consent.
You agree not to access, use or post information via this website that is in any way:
- defamatory;
- obscene;
- abusive;
- indecent;
- menacing;
- infringes any intellectual property rights;
- breaches obligations of confidence which are otherwise illegal;
- unlawfully introduces a virus or other disruptive program; or
- breaches these terms and conditions.
The material and information provided on this website is for general information only. Although we have made reasonable efforts to ensure that the content of our website is accurate, we make no representations, warranties or guarantees, whether express or implied that the content on our site is accurate, complete or up to date.
The Society cannot guarantee access to this website. You accept that the sending and receiving of emails over the Internet may not be secure and can be intercepted by third parties or incorrectly delivered or not delivered at all.
This website contains links to other third party sites that are not maintained by the Society. The inclusion of such links on this site does not imply any endorsement of the content of such sites. The Society accepts no responsibility or liability in respect of such sites.