Newcastle refreshes 95% LTV 2-year fixes

Ryan Bembridge

October 19, 2017

Newcastle Intermediaries has refreshed 2-year fixed rate products to 95% loan-to-value designed for first-time buyers.

Products include a rate of 3.39% with a £999 fee and 3.99% with no reservation or completion fee, a free standard valuation and £200 cashback.

Remortgagors can get free legals rather than cashback.

Reactions to the interest rate rise

Ben Smith, head of product development at Newcastle Intermediaries, said: “We’re committed to supporting new buyers on to the property ladder and I’m pleased we can offer a reduction in our rates to help them do that.

“This range of products is ideal for first-time buyers looking to keep the costs of purchasing their first home down.”

 

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