Newcastle Intermediaries launches competitive self-employed mortgage product
24th January 2018
Newcastle Intermediaries has provided more support to self-employed house purchasers with the launch of another highly competitive Self Employed mortgage exclusive.
The two year fixed product at 2.20% (5.3% APR) is available at a maximum 60% LTV, has no reservation or completion fees, a free Standard Valuation and increased overpayment facilities of 10% of the balance per annum.
As a commitment to making the mortgage application process easier for those recently self-employed (those who have been trading as self-employed for less than two years), the lender will apply individual case assessment, requesting either one year's accounts, an SA302 form, or a completed accountant's certificate.
Steve Carruthers, Head of Mortgage Distribution, at Newcastle Intermediaries, said:
"As the number of people who are self-employed is increasing, we wanted to provide on-going and much needed support with the launch of another highly competitive Self Employed product and a policy that aims to make the application much easier.
"We appreciate that one size doesn't fit all and it can be difficult to find a lender that truly understands the needs of self-employed clients, especially in the early stages of their self-employment journey."
All product details and the full range of available products can be found at www.newcastleis.co.uk