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 – Product Withdrawals
We will be withdrawing the following Base Rate Tracker products from our range with effect from close of business today, Thursday 20th August.
EBRT321 BBR + 1.20% – 30.11.2028
EBRT319 BBR + 0.60% – 30.11.2028
EBRT320 BBR + 1.24% – 30.11.2028
RTEN344 BBR + 0.60% – 30.11.2028
Any existing applications, where an ESIS has been generated, will be honoured until close of business tomorrow, Friday 21st August.
Launch of New Build Affordability Boost
We are expanding our New Build proposition to include an Affordability Boost offering, and this will be launching on Wednesday 19th August.
As a reminder, our Affordability Boost range offers a more favourable affordability assessment for fixed-rate mortgages of over five years. That means those looking for a longer-term fixed-rate mortgage could borrow more than they initially thought with an Affordability Boost product. To learn more please visit our Affordability Boost page https://newcastle.co.uk/mortgages/affordability-boost
Intermediary sourcing systems will be updated alongside the launch.