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 – Mortgage Product Launch
Newcastle Building Society are pleased to announce we are refreshing rates across our fixed and variable residential products, JMSP, Interest Only and Self Employed ranges tomorrow, Tuesday 6th February.
The key highlights are as follows:
- Fee assisted features on selected products to support those customers who require assistance with costs;
- 10% annual overpayments in addition to £499.99 regular monthly overpayment facility providing flexibility for those customers who are looking to overpay
- Products available for house purchase and re-mortgages
The following products will be withdrawn COB Monday 5th February, no further applications will be permitted as of COB Wednesday 7th February:
- EFII894
- EFII893
- EFII896
- EBRT147
- EBRT148
- EFII899
- EFII900
- EBRT149
- SHOW053
- SHOW054
- SEMP118
- SEMP119
- EFII905
- JMSP159
- JMSP160
The following products will be withdrawn and no further applications will be permitted as of COB Tuesday 5th February:
- RETN252
- RETN253
- RETN254
- RETN256
- RETN257
- RETN258
- RETN259
- RETN224
- RETN228
- RETN229
Important Information – Mortgage Product Launch
Newcastle Building Society are pleased to announce we are adding 2 Year Base Rate Tracker products in our Residential, Interest Only, Buy to Let and Large Loan range. These products will go live on Thursday 8th February.
The key highlights are as follows:
- Base Rate Tracker options for 80%, 90% and 95% LTV Standard Residential mortgages
- A range of fee and no fee products
The following products will be withdrawn COB Wednesday 7th February and no further applications will be permitted as of COB Tuesday 13th February:
- BUS/EBRT143 / CON/EBRT144
- BUS/EBRT145 / CON/EBRT146
- BUS/RETN248 / CON/RETN249
- BUS/RETN250 / CON/RETN251