Newcastle Intermediaries refreshes 2-year fixed rate deals

Michael Lloyd

May 9, 2018

Newcastle Intermediaries has refreshed a number of fee assisted 2-year fixed rate deals up to a maximum loan-to-value of 95%.

The refreshed range includes a fee assisted 2-year fixed rate deal at 3.69% (5.70% APR), available at a max LTV of 95%. It comes with free valuation, the option of £500 cashback or free legal fees (remortgage only), and an early repayment charge of 2% until 31/07/19 and 1% until 31/07/20.

The free legal package includes all standard legal costs including Land Registry fees, Land Registry Priority Search, Bankruptcy Searches, Property Searches (such as Local Authority, Water and Drainage Fees) and VAT.

Steve Carruthers, head of mortgage distribution at Newcastle Intermediaries, said: “We’re committed to supporting more borrowers onto the property ladder and I’m pleased to announce the refresh of a number of mortgage rates available for a variety of borrowers.

“These products will help a wide range of borrowers including first time and re-mortgaging borrowers.

“With the refresh of this range, we’re giving borrowers the option of £500 cashback or if you’re re-mortgaging, free legal fees, allowing more flexibility whether you’re taking the first step on the property ladder or simply reviewing your exiting deal.”

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