Newcastle announce new North East FTB range

Newcastle Intermediaries has announced that it has launched an exclusive range of fixed rate mortgages aimed at helping those who live in the North East get their first foot onto the property ladder.

Related topics:  Finance
Warren Lewis
13th June 2017
north east

According to the lender, the range includes two-year fixed rates at 3.71% and five-year fixed at 4.11% up to 95% LTV with no product reservation or completion fees. Products also offer free standard valuation on properties up to a value of £500,000 and £200 cashback to borrowers.

Steve Carruthers, Head of Mortgage Distribution at Newcastle Intermediaries, said: “It’s important to us as the North East’s largest building society that, in addition to making a comprehensive and competitive range of mortgage products available nationally, we are also connecting with our heartland communities.  
 
This is a first for us. We’ve made these competitive products exclusive to our North East customer base to help first time buyers of homes in our heartland postcodes save on upfront costs, with the reassurance of fixed monthly payments. We want to help more local people own their own home.”

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