Newcastle Intermediaries Expands Product Range
24th January 2017
NEWCASTLE Intermediaries has launched a comprehensive range of mortgage products, adding 10 new deals to its existing offering.
The lender now offers products across every Loan to Value (LTV) arena from 60% to 95%, with or without fees, giving more choice and flexibility to suit borrowers' individual needs.
The range includes two re-mortgage exclusives, the first available at 1.79% (5.2%APR) up to a maximum LTV of 60% and the second at 1.83% (5.2%APR) up to 70% LTV.
Both products come with no product fees, a free standard valuation (up to £500k) and free legal fees, making the cost of re-mortgaging low. Alternatively, both of these rates are also available for house purchases and re-mortgagers with a free valuation and £200 cash back.
A number of competitive products are anticipated from the refreshed range, including up to four in the 80% LTV range.
A 10 year fixed rate of 2.86% (3.9% APR) is available up to a maximum 80% LTV. This best buy deal comes with low fees of £999 and could be ideal for those looking to fix their mortgage for a longer period in the current climate.
First time buyers can also benefit from a best buy product, fixed for 2 years at 3.24% (5.6%APR) up to a maximum 95% LTV.
Steve Carruthers, Head of Mortgage Distribution at Newcastle Intermediaries said: "We've reassessed our entire mortgage range and have introduced products that are even more relevant to the marketplace.
"We feel it's important to offer products across the LTV range, while catering to the individual needs of borrowers by offering fees assisted alternatives where they may need to free up cash during the move.
The additional products on offer show our commitment to helping brokers find the right choice for their customers."
To view the full mortgage range, please visit http://www.newcastleis.co.uk/products.aspx
For further information contact your local Business Development Manager, find out which member of the team covers your area here. Alternatively, please don't hesitate to get in touch with our Intermediary Support Team on 0345 602 2338 (Monday to Friday, 8am to 6pm).
This information is for use by authorised mortgage intermediaries only and should not be relied on by customers.