We have re-entered the Large Loan market!
Great news! We have re-entered the Large Loan market with two and five year products available up to 80% LTV supporting higher earning professional clients.
Key features:
- Competitive 2 and 5 year discounted variable products available
- Loans available from £500k - £1.5m
- Free standard valuation on selected products
- No early repayment charges on selected products
Additional propositional highlights:
- Dedicated service with direct underwriter access
- Loans from £500k - £1m at 80% LTV
- Loans from £1m - £1.5m at 75% LTV
- Enhanced income multiples up to 5.5x
- Acceptance of up to 100% bonus/commission (subject to underwriter discretion)
- Interest Only loans available up to 75% LTV or 80% on a part Capital & Repayment basis
- 1.61% Discount from our Standard Variable Rate until 31.01.2024 giving a current rate of 2.35% (3.7% APRC)
- Reverting to our Standard Variable Rate (currently 3.96%) with effect from 01.02.2024, with product fees of £1,999
- Early repayment charge of 1% until 31.01.2024
- 1.21% Discount from our Standard Variable Rate until 31.01.2027 giving a current rate of 2.75% (3.5% APRC)
- Reverting to our Standard Variable Rate (currently 3.96%) with effect from 01.02.2027, with product fees of £1,999
- No early repayment charges
Our Large Loan products are:
2 Year Discount Rate
5 Year Discount Rate
The full range of products can be found on our website.
Product Range >
Talk to your dedicated dedicated Business Development Manager or contact your Intermediary Support Team at intermediary.lending@newcastle.co.uk or 0345 602 2338