Franco Di Pietro

Newcastle Intermediaries makes across-the-board residential mortgage rate cuts

Newcastle Intermediaries has announced a rate cut of up to 0.65% across its residential mortgage product line.

The rate reduction encompasses products with loan-to-value (LTV) ratios as high as 95%, with starting rates now at 4.65%.

These new rates are designed to aid both home purchasers and those looking to remortgage.

The building society is also offering fee-assisted options to help clients manage the costs associated with mortgage processes.

Franco Di Pietro, the head of intermediary mortgages at Newcastle Building Society, said: “In an increasingly fast-moving market, brokers and their clients are continually looking for competitive options, and so we are pleased to be able to reduce rates across our range of residential mortgage products.”

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