Newcastle Intermediaries expands range with record low rates

"We feel it’s important to offer products across the LTV range, while catering to the individual needs of borrowers by offering fees assisted alternatives"

The ten-year fixed rate of 2.86% is available up to a maximum 80% LTV with a £999 fee.

For first-time buyers, Newcastle has launched a two-year fix at 3.24% up to a maximum 95% LTV.
 
The lender now offers products across every LTV band from 60% to 95%, with or without fees.

The range also includes two remortgage exclusives, the first available at 1.79% up to a maximum LTV of 60% and the second at 1.83% up to 70% LTV.
 
Both products come with no product fees, a free standard valuation (up to £500k) and free legal fees. Alternatively, both of these rates are also available for house purchases and remortgagors with a free valuation and £200 cashback.

Steve Carruthers, Head of Mortgage Distribution at Newcastle Intermediaries, said: “We’ve reassessed our entire mortgage range and have introduced products that are even more relevant to the marketplace.

“We feel it’s important to offer products across the LTV range, while catering to the individual needs of borrowers by offering fees assisted alternatives where they may need to free up cash during the move.

The additional products on offer show our commitment to helping brokers find the right choice for their customers.”