Newcastle for Intermediaries has launched a range of five-year Base Rate tracker products available up to 95% LTV.
Available for both house purchase and remortgage customers, the new range includes products up to 95% LTV, with rates starting from 4.70% at 80% LTV and 5.15% up to 95% LTV.
Rates on five-year fixed rate mortgages within the range start from 4.99%.
Products in the range have no reservation fee and a £999 completion fee, with loan sizes from £30,000 to £3 million, subject to LTV limits.
The launch forms part of a wider refresh of Newcastle for Intermediaries' core residential range, which also includes new fixed rate and remortgage options across 80%, 90% and 95% LTV bands, alongside products within its First Step proposition for first-time buyers.
Francesco Di Pietro, head of intermediary mortgages at Newcastle Building Society, said: "We know many borrowers and brokers are continuing to navigate uncertainty around the future path of interest rates. Our new five-year Base Rate tracker products provide an attractive option for customers who want the reassurance of a longer-term mortgage solution while retaining the potential to benefit should rates reduce over time. The products combine competitive pricing with flexibility, including overpayment allowances, early repayment charges of 0.5% and lending of up to 95% LTV. They form an important part of our commitment to offering brokers a broad range of solutions that meet the evolving needs of their clients.
"Alongside the introduction of our new tracker range, we've also refreshed our wider residential proposition to ensure brokers have access to competitive options across a variety of borrowing needs, whether purchasing a home, remortgaging or taking their first step onto the property ladder."
