Here is the latest update from Newcastle for Intermediaries. For full details see their latest product information here. Access these product via our direct to lender mortgage club and get the benefits of payment on completion.
Announcement
Launch of 90% & 95% LTV Products
I am pleased to confirm that Newcastle Intermediaries will be refreshing its range of two and five year 90% & 95% LTV residential products, with rate reductions of up to 0.25% with effect from Friday 2nd July 2021.
The product range includes the following highlights;
- Competitive range of Two and Five Year Fixed Rates available at both 90% & 95% LTV for both house purchase and re-mortgages;
- Fee assisted products with a free standard valuation (on properties up to £500k) and £250 Cashback helping your clients with their costs;
- 10% overpayment facilities across all products, which supports your clients who require the flexibility to make lump sum overpayments. This is in addition to the £499 regular monthly overpayments already permitted;
The existing product range will be withdrawn by close of business today, Thursday 1st July, however any existing illustrations will be honoured until close of play Monday 5th July 2021.
Full product details will be found on http://www.newcastleis.co.uk/products.aspx upon launch