Newcastle for Intermediaries has launched a range of base rate tracker mortgages for new and existing borrowers.

The products are linked to the Bank of England base rate and start from 4.55%.

The range includes products for residential borrowers up to 80% LTV, interest-only, buy-to-let and Enhanced Plus customers.

Newcastle said the products have no early repayment charges, giving borrowers greater flexibility at a time of continued uncertainty over the direction of interest rates.

Michelle Ash, national account manager at Newcastle Building Society, said: “Borrowers continue to want clarity, flexibility and value when it comes to their mortgage choices, particularly in a market where interest rates remain uncertain.

“This new tracker range is designed to give brokers and their clients more choice, with competitive pricing and no early repayment charges helping to provide greater confidence and control.

“By broadening this offering across our residential, interest-only, buy-to-let and Enhanced Plus propositions, we are making it easier for brokers to match customers to the right solution for their needs.”