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.”