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
Mortgage Product Launch
Newcastle Building Society are pleased to announce we are refreshing a selection of our Base Rate Tracker products as well as a new range of 2 year and 5 year 60% LTV residential products across both acquisition and retention. These products will go live on Thursday 27th June.
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
- Introduce a range of 60% LTV products in order to support both customer demand and LTV mix for new business.
The following products will be withdrawn COB Wednesday 26th June and no further applications will be permitted as of COB Friday 28th June:
- EBRT199
- EBRT202
- SHOW073
- SHOW070
- SHOW071
- EBRT203