Newcastle expands mortgage choices for brokers

Newcastle for Intermediaries has announced that it has reduced rates across a broad selection of its mortgage products, with cuts of up to 0.36%.

The reductions apply to multiple propositions, including:

Residential

Shared Ownership

Government First Home

Interest Only

JMSP

Enhanced+

Affordability Boost

New Build (up to 95% LTV)

The refreshed product range is intended to give brokers more options to help clients buy, remortgage, or move home, including those requiring higher LTV support.

New two-, five- and six-year fixed-rate options are available across a range of LTVs up to 95%. Selected 90% and 95% LTV products also include fee-assisted and cashback features, helping customers manage upfront costs.

“We know many brokers are seeing demand from customers who need practical, affordable solutions, whether they’re buying for the first time, moving home, remortgaging or seeking high-LTV support,” said Francesco Di Pietro, head of intermediary mortgages at Newcastle Building Society (pictured). 

“These targeted rate reductions and the additions of fee-assisted and cashback options strengthen the toolkit intermediaries have available to them to get their clients moving.”