Newcastle Intermediaries cuts FTB rates by up to 0.70%

Its revised rates apply to mortgages with a loan to value of 85% or more, and include fixed rate deals of between two and five years, all with free valuation and a range of incentives.
 
Its two-year fixed rate is now available at 3.75% up to 95% LTV with a free standard valuation and £250 cashback.

As well as reduced rates, the Newcastle has introduced a new five year fixed rate deal at 4.39% as part of its All in One offering, also available at a maximum LTV of 95%.
 
All in One products include all standard legal costs including Land Registry fees, Land Registry priority search, bankruptcy searches, property searches (such as local authority, water and drainage fees) and VAT.  
 
In addition to no legal fees, the All In One mortgage has no valuation fees or product fees.
 
Steve Carruthers, Head of Mortgage Distribution at Newcastle Intermediaries, said: “Our All in One product range is ideal for first time buyers looking to keep the costs of purchasing their first home down, and the rate reductions will also be a benefit in keeping monthly repayments down too.
 
“These changes show our commitment to supporting new buyers on to the property ladder.”