Newcastle for Intermediaries has cut rates across its residential mortgage range, reducing pricing by up to 0.30% as part of a wider refresh designed to give brokers and their clients greater flexibility.
The updated range includes two, three and five-year fixed products, with loan-to-value ratios available up to 95%.
The lender is also maintaining a number of fee-assisted options to help borrowers manage upfront costs, including products with free legal fees.
As part of the update, the society has also introduced new exclusive buy-to-let products aimed at supporting existing landlords reaching the end of their current deals.
Among the residential rate cuts is a two-year fixed rate for new customers at 4.50% (6.30% APRC) up to 80% LTV, reduced by 0.20%.
A newly launched five-year fixed rate for existing customers coming to maturity has also been introduced at 4.35% (5.60% APRC) up to 70% LTV — a 0.30% reduction.
Both products carry no fees.
Francesco Di Pietro (pictured), head of intermediary mortgages at Newcastle Building Society, said: “We’re committed to giving brokers and their clients more choice and flexibility, particularly at a time when many are reassessing their options.
“By reducing rates and broadening our product range, we’re making it easier for intermediaries to match customers with products that suit their individual circumstances.
“Supporting brokers remains central to our approach so that they can deliver good outcomes for their clients.”
