"We’re continually looking at ways to provide great value and service to our customers so we’re delighted to reduce rates on a number of our 80% LTV mortgages."
A two-year fixed rate at 80% LTV has reduced from 2.65% to 2.25% and a five-year fixed rate has been cut from 2.75% to 2.55%.
With no product fees to pay, both also offer free standard valuation, £500 cashback and 10% overpayments per annum.
John Truswell, head of intermediary mortgages at Newcastle Building Society, said: “We’re continually looking at ways to provide great value and service to our customers so we’re delighted to reduce rates on a number of our 80% LTV mortgages.
"These remortgage and purchase products are competitively priced and offer borrowers greater flexibility and support with home buying and home moving costs.”
