Newcastle launches new three-year fixed rates

Newcastle for Intermediaries has launched a new range of three-year fixed rate products to meet growing demand for medium-term repayment certainty. 

Two new three-year fixed rate products are available up to 80% LTV for purchases and remortgages.

Three-year fixes are available at 4.90% with a £999 fee and 5.10% with no fee and a free valuation.

Franco Di Pietro, head of intermediary mortgages at Newcastle Building Society, said: “In response to broker feedback and customer demand for medium-term repayment certainty, we’re pleased to launch a new range of three-year fixed rates. This provides customers with a competitive option for those looking for choice in an uncertain market. 

"The fee-assisted product gives a further option for brokers and their clients, while our flexible approach to lending and overall proposition supports a range of borrowers and their circumstances.”