Newcastle Intermediaries launches new two-year fixed rate range

The latest range of two-year fixed rates have been reduced by up to 0.80%.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
13th January 2023
Newcastle Building Society
"We’re always looking at the changing needs of the market and how we can deliver greater benefits to borrowers who may require both long and short-term mortgage products."

Newcastle Intermediaries has launched a new range of 60% and 80% LTV two-year fixed rate mortgage products.

A two-year fixed rate at 4.75% up to 80% LTV comes with a £999 fee.

Also included in the range is a two-year fixed rate at 4.99% up to 80% LTV comes with no fees.

Both products offer the flexibility of 10% overpayments per year.

Franco Di Pietro, head of intermediary mortgages at Newcastle Building Society, said: “We’re always looking at the changing needs of the market and how we can deliver greater benefits to borrowers who may require both long and short-term mortgage products.

“Our latest range of highly competitive two-year fixed rates have been reduced by up to 0.80% and provide brokers with greater choice in attractive options for those clients in need of shorter-term solutions.”

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