Newcastle BS launches 80% fixed rate range

Newcastle Building Society has launched a 1.65% two-year fixed rate mortgage at 80% LTV.

Related topics:  Mortgages
Rozi Jones
28th May 2015
hand keys house buy business mortgage

Newcastle is also offering a fee free two-year product at a rate of 2.29%. Both products have no early repayment charges.

NBS also has a three year deal available at 2.15%, and a five year fix at 2.65%, both up to 80% LTV.

Steve Urwin, Managing Director Sales and Marketing Executive, NBS, said:

“The launch of these products follows a trend in the popularity of fixed rates. We appreciate some borrowers are keen to fix for the short-term and wait for the outcome of a Bank of England base rate rise, whereas others would prefer more long-term certainty in preparation for a rise. This is why we’ve launched a suite of 80% LTV fixed rate products that will cater for a range of different needs.”

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.