New Online Broker Product Transfer Tool
We are delighted to announce the launch of our new online tool for brokers, enabling easy product transfers for your client's upon maturity.
The tool which can be assessed through the Newcastle Intermediaries online portal will allow brokers to switch their client's rate upon maturity from their existing deal with just a few clicks and removes the need for supporting paperwork. We believe in rewarding customer loyalty, so we also offer preferential rates for existing customers and will also allow them to switch three months before maturity with no early repayment charge. The new tool is available for brokers to process all upcoming maturities for July, August and September.
Brokers can receive a procuration fee of 0.20% for transferring their client onto another Newcastle Building Society product upon maturity of their existing deal.
Details of the new transfer process can be found on here.
Should you require any further help or assistance, please do not hesitate to contact us.