Highly competitive mortgage deals now available
Great news! We've reduced our 85% LTV mortgage range with rates as low as 2.75% and no product fees on selected products.
With continued strong demand in the market for higher LTV products, our two and five year fixed rates are now available to help first time buyers, home movers and existing home owners wishing to remortgage to a lower rate.
All new 85% LTV product rates can be found on our product page.
Key features:
- Competitive 2 and 5 year products available
- Free standard valuation on all 85% LTV products
- Choice of fee assisted products providing choice for your clients
- 10% overpayments per annum which supports your clients who require the flexibility to make lump sum overpayments
Product range:
2 Year
- 2.75% Fixed Rate until 30.06.2023 (3.9% APRC) with £999 fee
- 2.85% Fixed Rate until 30.06.2023 (3.8% APRC) which comes with no product fees
- Early repayment charge of 2% until 30.06.2022 and 1% until 30.06.2023
5 Year
- 2.89% Fixed Rate until 30.06.2026 (3.7% APRC) with £999 fee
- 2.99% Fixed Rate until 30.06.2026 (3.6% APRC) which comes with no product fees
- Early repayment charge of 5% until 30.06.2022, 4% until 30.06.2023, 3% until 30.06.2024, 2% until 30.06.2025 and 1% until 30.06.2026
John Truswell, our head of intermediary mortgages said: "We're pleased to be reducing rates across our 85% LTV range and increasing our support across the market for first time buyers, home movers and existing home owners looking to re-mortgage."
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.