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 65% LTV, supporting higher earning professional clients.
Our range includes the following products:
2 Year Fixed Rate
- 6.45% Fixed Rate until 31.01.2025 (5.3% APRC)
- Available up to 65% LTV, with a £1,499 completion fee
- 10% overpayments permitted
- Early repayment charge of 2% until 31.01.2024 and 1% until 31.01.2025
5 Year Fixed Rate
- 6.65% Fixed Rate until 31.01.2028 (5.8% APRC)
- Available up to 65% LTV, with a £1,499 completion fee
- 10% overpayments permitted
- Early repayment charge of 5% until 31.01.2024, 4% until 31.01.2025, 3% until 31.01.2026, 2% until 31.01.2027 and 1% until 31.01.2028
Additional Large Loan propositional highlights:
- Dedicated service with direct underwriter access
- Loans from £1,500,001 - £2,000,000 at 65% LTV, with enhanced income multiples up to 5.5x
- Acceptance of up to 100% bonus/commission (subject to underwriter discretion)
- Interest Only loans available
The full range of products can be found on our website.
Contact Us
Talk to your dedicated Business Development Manager or contact your Intermediary Support Team at intermediary.lending@newcastle.co.uk or 0345 602 2338