"We’re continuing to see strong demand in the market, partly fuelled by the extension of the stamp duty tax concession."
The new two year fixed rate is available at 2.45% up to 80% LTV and comes with a £199 product fee, free standard valuation and £500 cashback.
Also available at 80% LTV, a two-year discounted product starts at 1.45% and a five-year fixed rate has been reduced to 2.24%, both with a £999 fee.
John Truswell, head of intermediary mortgages at Newcastle Building Society, said: “We’re continuing to see strong demand in the market, partly fuelled by the extension of the stamp duty tax concession.
"By refreshing our 80% range we’re giving brokers and their clients more choice and some really competitive options to suit their needs, underpinned by our manual underwriting and customer service.”
