Brilliant Solutions

Newcastle Update

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

Newcastle Intermediaries Re-launch JMSP Products up to 95% LTV

Great news! We are delighted to confirm that we are adding to our portfolio of Joint Mortgage Sole Proprietor (JMSP) products and increasing the maximum LTV on the range from 80% to 95%.

We will launch with a competitive range of two and five-year products to support both first time buyers onto the property ladder as well as home movers and customers re-mortgaging.

Rates will start as low as 2.95% and will be available from this Friday, 18th June 2021.

Key Features Include;

  • Competitive 2 and 5 year products available
  • Free standard valuation on properties up to £500,000 on all fixed rate products
  • 10% overpayment allowed per annum
  • Available on loans from £25,000
  • Affordability will be calculated using combined income from the
    occupying and non-occupying borrower
  • Maximum age is 80 years at the end of the mortgage term based on the
    oldest applicant

Full product details will be found on http://www.newcastleis.co.uk/products.aspx upon launch however if you need any specific details in the meantime please let me know.

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