" Buy-to-let mortgage rates are increasing and the buy-to-let market continues to readjust itself to the taxation changes made last year"
Reductions include a two year remortgage deal as well as a number of two and five-year fixed rates for remortgagors and home movers.
The largest reduction has been on the five-year fixed rate product which is now available at 3.05% with a £999 fee.
Other highlights include a two-year remortgage deal at 2.82% with no product fees and free standard valuation, £500 cashback or free legal fees and 10% overpayments per annum.
Steve Carruthers, head of mortgage distribution at Newcastle Intermediaries, said: “At a time when buy-to-let mortgage rates are increasing and the buy-to-let market continues to readjust itself to the taxation changes made last year, we’re pleased to announce a reduction in our rates to give landlords and other potential investors the chance to save some money.”