The two year fixed rate product comes at a rate of 2.95% up to 75% LTV, no product fees, a free standard valuation and free legal costs.
The product is available through The Business Mortgage Company and a selected group of brokers on Legal & General’s distribution panel, who Newcastle Intermediaries launched with in March.
Steve Carruthers, Head of Mortgage Distribution at Newcastle Intermediaries, said: “We continue to see increased interest in our buy-to-let proposition and this competitive product will offer a great option for remortgaging landlords, looking to avoid high product fees.”
