"We’re always listening to broker feedback and know it’s important to keep the range fresh in a very competitive market."
The reduction includes a 0.20% cut on a two-year fixed rate, now available at 2.30% with a £499 product fee.
A fee-free two-year fix is now available at 2.55%, a 0.10% reduction on its previous rate.
Alternatively, a fee-free two-year discounted rate has been reduced by 0.05% to 2.30%.
All refreshed products come with a free standard valuation on properties up to £500,000 and allow 10% overpayments per year in addition to the £499 regular monthly overpayments permitted.
John Truswell, head of intermediary mortgages at Newcastle Building Society, said: “We’re always listening to broker feedback and know it’s important to keep the range fresh in a very competitive market. Customers will benefit from the reductions on offer as well as our manual underwriting approach and leading service levels.”
