Building society on the money

Caption:
The Armidale Branch of the Newcastle Permanent Building Society staff members are proud of their institution’s accolade … Caroline White (member service officer), John Murrell (community lending manager), Judi Hansen (branch manager), Sandra Lasker (senior member service officer) and Leanne Thomas (member service officer). Picture: DANIELI STUDIOS

NEWCASTLE Permanent has beaten all the major banks to win the Money magazine Home Lender of the Year title – the first time one of the major banks has not won the award.
CEO Terry Millett said the award sent a message to all Australians that still had a home loan with major banks, and those considering taking out a new home loan.
“Home owners need to say “enough is enough” to the major banks – it’s undeniable that Newcastle Permanent is the best home lender in the country and recognition in Money magazine’s Consumer Finance Awards makes this clear,” Mr Millett said.
“Consumers may be seeing interest rate cuts and assuming that they’re getting a better deal as a result.
“The fact is that since 2008 we’ve passed on more value to customers in interest rate cuts than any of the major banks.
“We now have the trifecta of endorsements for home lending – Money magazine, the Financial Review’s Smart Investor, and more CANSTAR five star ratings for home loan products than any other lender in the country.”
Newcastle Permanent was also named Money magazine’s Building Society of the Year for the fourth time.

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