Newcastle for Intermediaries has trimmed rates across its 2-year residential mortgage range for both house purchase and remortgage, introducing reductions of up to 0.20% as brokers report rising demand for clear, short-term products.
The refreshed pricing maintains 2-year fixes up to 95% LTV and includes fee-assisted options aimed at helping borrowers manage upfront costs.
The lender said the update gives advisers greater scope to place cases in a market where customers are moving quickly to secure deals.
Francesco Di Pietro, head of intermediary mortgages at Newcastle Building Society, said: “Brokers are telling us clients need straight-forward, reliably priced 2-year options as they make decisions in a fast-moving market.
By reducing rates across this range and keeping products available at higher LTVs, we’re giving brokers the tools to place more clients with confidence, whether they’re first-time buyers, home-movers or existing customers looking to remortgage.”
The revised 2-year products are available via intermediary, branch, direct and online channels.
