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. 


GFHS Product Withdrawal

Please be advised that with immediate effect we have withdrawn the existing Government First Home Scheme products for illustrations and applications.

The existing tranches have been fully utilised and replacement products will be announced shortly.

 Important Information – Launch of First Home Scheme Mortgage Products

I am pleased to confirm that Newcastle Intermediaries will be launching its range of competitive, standalone products specifically for the Government First Home scheme, with effect from Wednesday 19th January 2022.

Following a successful launch at a pilot site in Newton Aycliffe, County Durham we are extending the availability of our popular First Homes product range to all First Home sites.

A First Homes two-year fixed rate product is now available at 2.35%, as well as a First Homes five-year fix at 2.45%.

The scheme offers homes at a discount of at least 30% compared to the market price.

Key features:

  • Up to 75% LTV
  • Competitive range of 2 and 5 year products available
  • 10% overpayment facilities across all products along with Free standard valuation

Full product details will be found on upon launch 

Important Information – Refresh of Large Loan Mortgage Products

Newcastle Intermediaries will be refreshing its range of Large Loan mortgage products, with rate reductions of up to 0.45%, with effect from tomorrow Wednesday 19th January 2022.

The product range includes the following highlights;

  • Competitive range of 2 and 5 year products available;
  • Removal of upfront reservation fees;
  • 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;

The existing product range will be therefore be withdrawn by close of business today, however any existing illustrations will be honoured until close of play Friday 21st January.

Full product details will be found on upon launch

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