Highly competitive mortgage deals now available
Great news! We've reduced rates across our 80% LTV mortgage range by up to 0.34% which includes a highly competitive 2 year discount rate, as well as free valuation and £500 cashback on selected products..
With continued strong demand in the market for higher LTV products, our two and five year rates are available to support home movers and existing home owners wishing to remortgage to a lower rate.
All new 80% LTV product rates can be found on our product page.
Key features:
- Competitive two and five year products available
- Free standard valuation on selected products
- £500 Cashback on selected products
- 10% overpayments per annum which supports your clients who require the flexibility to make lump sum overpayments
Product range:
2 Year
- 2.45% Fixed Rate until 31.08.2023 (3.8% APRC) with £199 fee
- 2.51% Discounted SVR Rate (current pay rate 1.45%) until 31.08.2023 (3.6% APRC) with £999 fee
- Early repayment charge of 2% until 31.08.2022 and 1% until 31.08.2023
5 Year
- 2.24% Fixed Rate until 31.08.2026 (3.4% APRC) with £999 fee
- 2.65% Fixed Rate until 31.08.2026 (3.5% APRC) with £199 fee
- Early repayment charge of 5% until 31.08.2022, 4% until 31.08.2023, 3% until 31.08.2024, 2% until 31.08.2025, 1% until 31.08.2026
John Truswell, our head of intermediary mortgages 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."
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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