Newcastle Intermediaries has launched a new range of Base Rate Tracker (BRT) products.

The lender said the new products will complement its recently reduced range of fixed rate products.

The new range of two-year BRT products come with fee assisted options and no early repayment charges.

Newcastle Intermediaries believes the deals provide greater choice and flexibility to brokers and their clients who want the flexibility to manage a change in mortgage needs in the short term.

Franco Di Pietro, head of intermediary mortgages at Newcastle Building Society, said: “We understand that in this fast-moving market borrowing requirements can change quickly.

Following feedback from our broker partners, we’re launching a range of products that enable borrowers to switch products without the penalty of an early repayment charge.”