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
Refresh of 80% LTV Products
Newcastle Intermediaries will be refreshing its range of 80% LTV residential mortgage products with effect from tomorrow Friday 29th October 2021.
The product range includes the following highlights;
- Available for both house purchase and re-mortgages;
- Competitive range of 2 and 5 year products available;
- Choice of fee assisted products including a free standard valuation and £500 cashback on selected products;
- 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The existing product range will be therefore be withdrawn by close of business today, however any existing illustrations will be honoured until close of play Monday 1st November 2021.
Full product details will be found on http://www.newcastleis.co.uk/products.aspx upon launch
Refresh of Interest Only Products
Newcastle Intermediaries will be refreshing its range of Interest Only mortgage products with effect from tomorrow Friday 29th October 2021.
The product range includes the following highlights;
- Competitive range of 2 and 5 year products available;
- Choice of fee assisted products including a free standard valuation up to £500k;
- 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The existing product range will be therefore be withdrawn by close of business today, however any existing illustrations will be honoured until close of play Monday 1st November 2021.
Full product details will be found on http://www.newcastleis.co.uk/products.aspx upon launch.
Refresh of Buy to Let Products
Newcastle Intermediaries will be refreshing its range of Buy to Let mortgage products with effect from tomorrow Friday 29th October 2021.
The product range includes the following highlights;
- Competitive range of 2 and 5 year products available;
- Choice of fee assisted products including a free standard valuation and £500 cashback on selected products;
- 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 Monday 1st November 2021.
Full product details will be found on http://www.newcastleis.co.uk/products.aspx upon launch.