Newcastle enters Help to Buy equity loan market

To 95% loan-to-value 2 and 5-year fixes start at 3.75% and 3.99% for house purchase.

Newcastle Intermediaries has launched into the Help to Buy equity loan market with a range of products between 2 and 5 years for those wanting to purchase or remortgage new builds.

To 95% loan-to-value 2 and 5-year fixes start at 3.75% and 3.99% for house purchase.

The lender also offers mortgages designed for those coming to the end of their current Help to Buy term such as a 3-year remortage fix at 2.35% with no product and legal fees.

Find out the Remortgage rates for 3-year term here.

All Help to Buy products offer a free valuation and £300 cashback while borrowers have the option of overpaying by 10%.

Wayne Curry, managing director of new build firm, Safeguard Financial Services, said: “It’s great to see Newcastle Intermediaries supporting home buyers in the North East and beyond, through the ever popular new build Help to Buy scheme.

“Newcastle Intermediaries is also offering Help to Buy remortgage products, giving customers even more choice in the market place.”

Newcastle’s Help to Buy mortgages are being offered through Sesame, Openwork, L&G, Mortgage Advice Bureau, Intrinsic, First Complete, Pink Home Loans, The Mortgage Alliance, Premier Mortgage Services, SimplyBiz Mortgages, Brilliant Solutions and Tenet.