Newcastle launch new HTB product

Newcastle launch new HTB product
The introduction of a dedicated Help to Buy phone line and priority processing, as well as dedicated Help to Buy case ownership helps brokers to support home buyers using the scheme.

Following their entry into the Help to Buy market in December, Newcastle Intermediaries has refreshed its range, including the introduction of two new All in One products.

The lender’s All in One proposition is unique in the Help to Buy market due to the inclusion of all standard legal costs, including Land Registry fees, Land Registry priority search, bankruptcy searches, property searches (such as local authority water and drainage fees) and VAT.  
 
In addition, the Help to Buy All in One products have no valuation fees or product fees, both of which can add a significant amount onto the initial cost of purchasing a home. Because Newcastle Intermediaries instructs one of its approved solicitors to act on the borrower’s behalf, from start to completion, it makes buying a home as easy as possible, and reduces costs to the buyer.
 
Both All in One products in the Help to Buy range are fixed for two years, the first at 2.09% (5.3% APR) up to a maximum loan to value (LTV) of 60% while the second is available at 2.15% (5.3%APR) up to 75% LTV.


The existing range of products has also been refreshed with rates reduced, and offers  a five year fixed rate of 2.29% (4.5%APR), which has been lowered by 0.50%. Available at a maximum LTV of 60%, this deal comes with no product fee, a free standard valuation and £300 cash back.
 
Steve Carruthers, Head of Mortgage Distribution at Newcastle Intermediaries stated: “Since entering the Help to Buy market, we’ve been working hard to enhance our offering to our broker partners. The introduction of a dedicated Help to Buy phone line and priority processing, as well as dedicated Help to Buy case ownership helps brokers to support home buyers using the scheme.
 
Our All in One products, which offer more choice and help to ease the costs of purchasing a home, have also been added to our Help to Buy range - another example of how Newcastle Intermediaries is committed to supporting first time buyers.”

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brandonlee10
brandonlee10 24 Jul 2017

The financial ramifications of the triggering of Article 50, the starting gun for Britain's departure from the EU, are far from clear. Buyers will be most cautious in London, given that buying a home in...

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IrisJ.
IrisJ. 19 Jul 2017

Great advice, but may I also add that when buying an already built home, make sure you do all of the proper inspections. Most importantly pest inspection because people tend to get surprised when they

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IrisJ.
IrisJ. 17 Jul 2017

The third point is, in my opinion, the most important one. People have become too inconsiderate and careless when it comes to rented properties. If a landlord wants to protect their property, regular visits...

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cornishalan
cornishalan 10 Jul 2017

Added to the cost of purchasing these village properties are the above average maintenance costs. Particularly where the property is a listed building or requires specialist building skills such as thatching...

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Jo Mullett
Jo Mullett 07 Jul 2017

Here in Swansea, known as the Japanese knotweed capital of the UK, it never fails to amazes me that people have no idea of the potential problems this invasive non-native plant can cause when buying or...

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NathanG
NathanG 05 Jul 2017

McDonalds, for example, have been purchasing their real estate on prime locations for years. If something happens to the company they'll have invaluable assets that will be able to save them. We might

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Jonah
Jonah 04 Jul 2017

Graham: surprised to see you cite the "extra tax liability" as capping out at ?560. It doesn't - the extra tax is exponential, as it is levied on the income (i.e the inflating level of rental income you...

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Dianne Griffen
Dianne Griffen 29 Jun 2017

Be very wary of anyone bringing you deals that they have ?found? and want to ?sell on to you? or ?joint venture? with you on ? you need a proper legal contract for this, involve a RICs surveyor to confirm...

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jason hadzikostas
jason hadzikostas 28 Jun 2017

The most important thing is a budget. Students have to manage their spendings in food, house maintenance, books and many other things. According to me, student Studios are the perfect option for them as...

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SecomTech
SecomTech 22 Jun 2017

AT Last...This was discussed years ago and there was a move towards landlords registering their bad tenants on a database..(can't remember where) It seems a logical step though our leaders will probably...

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Bertrand
Bertrand 02 Jun 2017

How about the Welsh Govt introducing a scheme to protect landlords against "rogue" tenants who are then taken to court for criminal damage to the properties they trash. Pretty unlikely I suspect and politically...

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AmberMorris
AmberMorris 25 May 2017

"Please don't pick a novelty tune-playing doorbell. They're not 'fun'. They're stupid." Laughed a lot to this. It's actually true, though.

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