Competitive 2 year fixed 85% LTV products
Great news for your first time buyer clients! We have launched a range of competitive two year 85% LTV fixed rates to support first time buyers onto the property ladder as well as home movers and customers re-mortgaging.
Key features:
- Competitive range of 2 year products available
- Choice of fee assisted products
- Free standard valuation on properties up to £500k
- 10% overpayments per annum which supports your clients who require the flexibility to make lump sum overpayments. (In additional to £499 regular monthly overpayments already permitted)
Product range:
2 Year
- 2.70% Fixed Rate until 31.08.2023 (3.8% APRC) with £999 fee
- 2.80% Fixed Rate until 31.08.2023 (3.8% APRC) with no product fees
- Early repayment charge of 2% until 31.08.2022 and 1% until 31.08.2023
John Truswell, Head of Intermediary Mortgages at Newcastle Building Society, said: "We're always looking at the changing needs of the market and have evolved our proposition to suit brokers and their clients. These new 85% products will support a variety of borrowers including first time buyers, home movers and existing home owners looking to remortgage."
All product details and the full range of products can be found on our website.
Contact Us
We will be delighted to discuss any new enquiries or any other queries you might have about existing applications. Call our Intermediary Support Team on 0345 602 2338 or email us at intermediary.lending@newcastle.co.uk. Alternatively, you can contact your dedicated Business Development Manager.
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