Franco Di Pietro Newcastle

Newcastle for Intermediaries lowers rates on 2-year residential fixes

Newcastle for Intermediaries has reduced rates across its 2-year residential mortgage range for both house purchase and remortgage customers.

The lender has lowered pricing by up to 0.20%, with 2-year fixed rates now available up to 95% loan-to-value (LTV).

Fee-assisted options also remain in place to help borrowers manage upfront costs.

Francesco Di Pietro (pictured), head of intermediary mortgages at Newcastle Building Society, said: “Brokers are telling us clients need straight-forward, reliably priced two-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.”

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