Newcastle Intermediaries re-introduce competitive two-year 95% LTV range

20 October 2023

Following broker feedback, Newcastle Intermediaries has re-entered the two-year 95% LTV market with a competitive range of products to support first-time buyers and low deposit borrowers in achieving the dream of homeownership.

Included as part of the refreshed proposition is a two-year fixed rate at 6.44% (7.1% APRC) up to 95% LTV, available with no product fees, a free standard valuation and £200 cashback, alongside a two-year fixed rate at 5.99% (7.1% APRC) up to 95% LTV with a £999 product fee.

Both products are available for both house purchase and re-mortgage, offer up to 10% overpayments and come with early repayment charges of 2% until 28.02.2025 and 1% until 28.02.2026.

Franco Di Pietro, head of intermediary mortgages at Newcastle Building Society said: “We’re always listening to broker feedback and looking for ways to increase support for clients. That’s why we’ve reintroduced a competitive range of two-year products to meet the needs of first-time buyers and low deposit borrowers looking for a shorter-term deal.”

All product details and the full range of available products can be found at www.newcastleis.co.uk.