Newcastle Intermediaries unveils 2.44% 3-year fix

Newcastle Intermediaries has launched a 3-year fix at 2.44% to 80% loan-to-value with no product fee.

The product offers a free standard valuation, £500 cashback and 10% overpayments per year.

Steve Carruthers, head of mortgage distribution at Newcastle Intermediaries, said: “We’re always looking to improve our mortgage products and this latest three year fixed product is available at a competitive rate for borrowers.

“For remortgage customers, we’ve built options and flexibility into the product so that buyers can choose the benefits that mean the most to them – whether that’s standard legal fees paid or £500 cashback, to help when buying their home.

“We’re hoping that we can extend this competitive rate across a range of three year products over a variety of our LTV products.”

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