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
Existing Customer Mortgage Product Launch
We are reducing rates on our existing customer exclusive 60% LTV 2 year products. In addition to this we are also reintroducing two 60% 5 year products into our existing customer range, these products will be available from tomorrow, Wednesday 5th March.
The refreshed products include the following highlights;
- Preferential fee free and fee products for existing customers.
- Existing customers are pre-approved for product transfers.
- 10% overpayment facilities across our products, which supports our customers who require the flexibility to make lump sum overpayments. This is in addition to the £499 regular monthly overpayments already permitted
Our Product Transfer process can be found here:
www.newcastleis.co.uk/Mortgage-Product-Transfers
The following products will be withdrawn COB Wednesday 5th April for both ESIS and applications:
- EFII669 – 2 Year 60% (4.49%)
- EFII670 – 2 Year 60% (4.74%)