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 – Mortgage Product Launch
Newcastle Intermediaries are delighted to announce we are refreshing the rates on our fixed Shared Ownership products and reintroducing 2 and 5 year fixed Buy To Let products into the range on Wednesday 22nd February 2023.
The key highlights are as follows:
– Rate reductions across Shared Ownership portfolio of up to 1.10%;
– No product fees and free standard valuation fees supporting clients who require assistance with costs;
– Additional 2 & 5 year fixed rate BTL products enhancing the existing range;
– 10% overpayments per annum
The following products will be withdrawn COB Tuesday 21st February, any existing applications will be honoured until close of play Thursday 23rd February 2023.