Awful company, allegedly ‘connecting you with a better financial future’ well be careful taking any financial advice from them, because it wasn’t the case for my parents. NBS introduced my elderly parents, and thousands of others, to a trust with a non FCA regulated business, which ended up going bust. We have letters from NBS introducing my parents to the advisor who recommended my parents transfer their property and life savings into the trust. NBS have since washed their hands of the matter “not our fault, nothing to do with us..”. Their website also claims that they have helped communities with their finances for over 150 years. This was not help. The badly managed trust cost my parents thousands of pounds to get their house back, and the loss of their life savings. My elderly mother has suffered shame, anxiety and poor health since realising over 2 years ago. NBS are a disgrace, the lack of accountability is utterly shameful, they benefitted from the most vulnerable to satisfy the greed of shareholders. Don’t take their advice or recommendations.
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Newcastle Building Society. A North East Building Society offering a range of mortgages, investments and other financial services
