Latest News

The launch forms part of a wider refresh of Newcastle for Intermediaries' core residential range.

Mortgage approvals fell to their lowest level since the end of 2023 and have remained below 60,000 for five consecutive months.

84% of brokers expect the Bank of England to increase the base rate before the end of the year.

The average effective mortgage interest rate is expected to rise from 4% in 2026 to around 5% by 2031.

The government has announced a £10 million regional co-operative development programme to help double the size of the co-operative and mutual sector.

The bank has priced its near prime core, re-bridging and light and medium ranges at just 0.20% pm above its standard pricing.

The specialist lender says the region has "been historically underserved by specialist mortgages".

The government will reduce the withdrawal charge for existing LISA holders who use their savings to purchase a first home above the £450,000 property price cap.

Your First Home will enable eligible first-time buyers to purchase new build homes with deposits as low as 2.5%.

The measure could raise more than £1bn annually for the Treasury, but has prompted questions about the potential implications for lending activity.