Newcastle Intermediaries will be launching a competitive range of Buy to let products with effect from Tuesday 6th October 2020.
The product range includes the following highlights:
- Two and Five Year Fixed Rates available for both house purchase and re-mortgages;
- Choice of fee assisted products with a free standard valuation (on properties up to £500k) 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.
- Maximum 75% LTV on mortgages up to £500,000
- The rental calculation on our five year fixed products are assessed on 145% at 4% on an Interest Only basis
In addition, all of our cases are individually underwritten and we have no maximum age criteria at the end of the term, to help find a deal to best suit your client’s needs.
Full product details will be found on http://www.newcastleis.co.uk/products.aspx upon launch