Newcastle for Intermediaries has cut rates across its new lending range, with reductions of up to 14 basis points (bps) on two-year and five-year fixed products.

The revised range includes products at loan-to-value bands up to 95%.

The lender said selected 90% and 95% LTV deals also come with fee-assisted features and cashback to help borrowers with upfront costs.

Francesco Di Pietro (pictured), head of intermediary mortgages at Newcastle Building Society, said: “Despite recent uncertainty in the markets, we’re keen to support brokers and their clients with competitive pricing where possible.

“These rate reductions, along with fee assistance and cashback options will give borrowers new options in a difficult market.”