Newcastle for Intermediaries has reduced selected residential mortgage rates by up to 0.25% and launched a range of base rate tracker products.

The reductions cover selected purchase, remortgage and product transfer deals across several terms and loan-to-value tiers, including products at up to 95% LTV.

Rates have also been lowered on fee-assisted products, which are intended for borrowers seeking to limit their upfront costs.

The lender said its new base rate trackers may suit customers who expect interest rates to fall in the near term or want products with lower early repayment charges.

The revised range is available to first-time buyers, home movers, remortgage customers and existing borrowers.

Michelle Ash (pictured), national account manager at Newcastle Building Society, said: “We’re committed to providing brokers with a broad range of competitive solutions that help them support clients at every stage of their homeownership journey.

“By reducing rates across selected products and introducing new base rate tracker options, we’re giving brokers greater flexibility to tailor recommendations to individual circumstances and preferences.

“Whether clients are looking for longer-term certainty, support with upfront costs, or the opportunity to benefit from any future reductions in base rate, these latest enhancements ensure brokers have even more choice available through Newcastle for Intermediaries.”