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 – Refresh of Mortgage Product Range
Newcastle Intermediaries will be making a number of changes to our mortgage product portfolio with effect from Thursday 5th May 2022. This includes a refresh of our 80%, 85%, 90% and 95% LTV, Interest Only and Buy to Let products.
In addition we are launching a range of exclusive re-mortgage products with free legal fees supporting your clients who are looking to re-mortgage their current home.
The product ranges include the following highlights;
- Competitive range of 2, 3, 5 and 10 year products available within our standard LTV range;
- 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The existing product range will be therefore be withdrawn by close of business tomorrow, Wednesday 4th May, however any existing applications will be honoured until close of play Thursday 5th May. 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 launc.