"We’re pleased to be back with a comprehensive range of residential mortgage options, carefully designed for the new market conditions, with more products set to arrive in the coming weeks."
Newcastle Intermediaries has relaunched its full residential mortgage range including 95% LTV products and two, five, seven and 10-year terms, alongside additional products supporting those with more specific borrowing requirements.
Up to 80% LTV, a two-year discounted rate starts from 3.29% and two-year fixed rates start at 6.20%. Five-year discounted rates start at 3.65% and fixed rates from 6.20%. Seven and 10-year fixed rates are also available at 6.25% up to 80% LTV.
At 90% LTV, two five, seven and 10-year fixed rates all start at 6.50%.
Up to 95% LTV, five-year fixed rates are available from 6.75%, while seven and 10-year fixed rates are available at 6.65%.
The Society is also offering its First Homes and Deposit Unlock range products up to 95% LTV, starting at 6.95% and 6.75% respectively.
Newcastle also confirmed that it is currently reviewing interest-only, Lifetime ISA, JBSP, Help to Buy and buy-to-let products, with a view to relaunching these shortly.
Franco Di Pietro, head of intermediary mortgages at Newcastle Building Society, said: “We’re pleased to be back with a comprehensive range of residential mortgage options, carefully designed for the new market conditions, with more products set to arrive in the coming weeks.
“In launching this range we’ve taken into account the changing requirements of borrowers to deliver a range of options that offer as wider choice and flexibility as possible, and we remain absolutely committed to supporting brokers and their clients both now and in the future.”
