"I’m pleased we can offer borrowers a competitive range of fixed rate products. Additionally, our free legal fee feature is ideal for the growing remortgage market."
Reduced products include a ten-year fixed rate which is now available at 3.35% up to 80% LTV and an 80% LTV two-year fixed rate at 2.15%.
Products come with no reservation or completion fees, free standard valuation, free legal fees for remortgages or £200 cashback for house purchases.
The lender has also confirmed that changes recently announced by PRA around buy-to-let portfolios will not affect its existing policy as it has no plans to enter the portfolio landlord market.
The maximum number of mortgaged buy-to-let properties accepted by Newcastle Intermediaries will remain at three.
Ben Smith, Head of Product Development at Newcastle Intermediaries, stated: “We have reassessed all of our rates in a bid to offer borrowers choice and flexibility.
“Whilst rates across the market are rising ahead of a potential base rate rise in November, I’m pleased we can offer borrowers a competitive range of fixed rate products. Additionally, our free legal fee feature is ideal for the growing remortgage market.”
