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
Important Information -Product Withdrawal
Please be advised that the following products will be withdrawn COB today.
- 4.25% Fixed Rate 2 Year Fee Assisted EFII360
- 4.25% Fixed Rate 5 Year Fee Assisted EFII356
- 4.25% Fixed Rate 5 Year Interest Only EFII373
- Choice of fee assisted products including a free standard valuation and £500 cashback on selected products;
10% overpayment facilities across our 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The existing product range were withdrawn close of business Friday 29th July, however any existing applications will be honoured until close of play Monday 1st August. Please be advised that this will be subject to tranche availability.
Refresh of Mortgage Product Range
Newcastle Intermediaries will be making a number of changes to our mortgage product portfolio with effect from Friday 5th August 2022. This includes a refresh of our 95% products, NE & LISA Exclusives, JMSP, Government First Home Scheme, Interest Only and Large Loan products.
The product ranges include the following highlights;
- Choice of fee assisted products including a free standard valuation and £500 cashback on selected products;
- 10% overpayment facilities across our 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The existing product range will be withdrawn close of business Thursday 4th August , however any existing applications will be honoured until close of play Friday 5th August. Please be advised that this will be subject to tranche availability.
Full product details will be found on http://www.newcastleis.co.uk/products.aspx upon launch